YEARLY HIGH
0.2655 BAM
YEARLY LOW
0.2594 BAM
YEARLY AVERAGE
0.2625 BAM

2020 DKK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.2655. Conversely, the yearly low was recorded on March 19, dropping to 0.2594.

This high-to-low spread represents a total annual volatility of 0.0061 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2617 to the December average rate of 0.2629, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2655 was up 0.43% compared to the 2019 peak of 0.2644, 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 1,327 BAM
2019 Average 1,310 BAM
Yearly Trough Low 1,297 BAM
Transaction Impact: A difference of 30.28 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2632
0.2616
JanuMarcMayJulySeptNove

DKK to BAM 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 0.2621, compared to 0.2628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.2621
H2 Avg (Jul–Dec) 0.2628

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0057 BAM (High: 0.2652 / Low: 0.2594). On the other end, October was the most stable month, with a tight range of 0.0019 BAM (High: 0.2636 / Low: 0.2617).

March Spread (Volatile) ±0.0057
October Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.2631) against the same month in 2019 (average: 0.2618), the exchange rate shifted by +0.0012 (+0.47%).

2020 Avg (July) 0.2631
2019 Avg (July) 0.2618

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2631 0.2608 0.2617
February 0.2631 0.2608 0.2619
March 0.2652 0.2594 0.2619
April 0.2638 0.2600 0.2622
May 0.2649 0.2613 0.2626
June 0.2655 0.2605 0.2624
July 0.2655 0.2609 0.2631
August 0.2648 0.2605 0.2628
September 0.2641 0.2612 0.2626
October 0.2636 0.2617 0.2628
November 0.2647 0.2614 0.2629
December 0.2650 0.2615 0.2629