YEARLY HIGH
12.7758 AFN
YEARLY LOW
10.8224 AFN
YEARLY AVERAGE
11.7692 AFN

2020 DKK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 12.7758. Conversely, the yearly low was recorded on March 19, dropping to 10.8224.

This high-to-low spread represents a total annual volatility of 1.9534 AFN. From a start-to-finish perspective, comparing the January average rate of 11.4720 to the December average rate of 12.6082, the exchange rate registered a net change of 9.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.7758 was up 2.89% compared to the 2019 peak of 12.4176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 63,879 AFN
2019 Average 58,395 AFN
Yearly Trough Low 54,112 AFN
Transaction Impact: A difference of 9,766.99 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.7597
10.9417
JanuMarcMayJulySeptNove

DKK to AFN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.3255, compared to 12.2129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8875 points.

H1 Avg (Jan–Jun) 11.3255
H2 Avg (Jul–Dec) 12.2129

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7878 AFN (High: 11.6103 / Low: 10.8224). On the other end, October was the most stable month, with a tight range of 0.2339 AFN (High: 12.2573 / Low: 12.0234).

March Spread (Volatile) ±0.7878
October Spread (Stable) ±0.2339

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2320 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 12.6082) against the same month in 2019 (average: 11.6821), the exchange rate shifted by +0.9262 (+7.93%).

2020 Avg (December) 12.6082
2019 Avg (December) 11.6821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.7282 11.2756 11.4720
February 11.5268 11.1349 11.2400
March 11.6103 10.8224 11.2899
April 11.2888 10.9555 11.0932
May 11.4216 11.0357 11.1928
June 11.7721 11.4452 11.6648
July 12.2484 11.6403 11.8603
August 12.4049 12.1141 12.2452
September 12.3002 12.0146 12.1687
October 12.2573 12.0234 12.1505
November 12.3844 12.0144 12.2447
December 12.7758 12.4806 12.6082