YEARLY HIGH
0.3306 BBD
YEARLY LOW
0.2852 BBD
YEARLY AVERAGE
0.3063 BBD

2020 DKK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3306. Conversely, the yearly low was recorded on March 19, dropping to 0.2852.

This high-to-low spread represents a total annual volatility of 0.0454 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2972 to the December average rate of 0.3272, the exchange rate registered a net change of 10.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3306 was up 6.80% compared to the 2019 peak of 0.3095, 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 1,653 BBD
2019 Average 1,500 BBD
Yearly Trough Low 1,426 BBD
Transaction Impact: A difference of 226.88 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3308
0.2877
JanuMarcMayJulySeptNove

DKK to BBD 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 0.2953, compared to 0.3173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.2953
H2 Avg (Jul–Dec) 0.3173

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0202 BBD (High: 0.3053 / Low: 0.2852). On the other end, April was the most stable month, with a tight range of 0.0054 BBD (High: 0.2944 / Low: 0.2890).

March Spread (Volatile) ±0.0202
April Spread (Stable) ±0.0054

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 March and April, when the average rate fell by 0.0050 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3272) against the same month in 2019 (average: 0.2974), the exchange rate shifted by +0.0297 (+10.00%).

2020 Avg (December) 0.3272
2019 Avg (December) 0.2974

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3003 0.2948 0.2972
February 0.2970 0.2889 0.2922
March 0.3053 0.2852 0.2963
April 0.2944 0.2890 0.2913
May 0.2983 0.2895 0.2927
June 0.3050 0.2984 0.3019
July 0.3190 0.3016 0.3078
August 0.3209 0.3152 0.3178
September 0.3203 0.3125 0.3168
October 0.3188 0.3129 0.3162
November 0.3217 0.3126 0.3181
December 0.3306 0.3243 0.3272