YEARLY HIGH
0.2639 BGN
YEARLY LOW
0.2612 BGN
YEARLY AVERAGE
0.2624 BGN

2020 DKK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.2639. Conversely, the yearly low was recorded on March 22, dropping to 0.2612.

This high-to-low spread represents a total annual volatility of 0.0027 BGN. 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 0.2639 was down 0.34% compared to the 2019 peak of 0.2648, 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 1,320 BGN
2019 Average 1,310 BGN
Yearly Trough Low 1,306 BGN
Transaction Impact: A difference of 13.65 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2631
0.2616
JanuMarcMayJulySeptNove

DKK to BGN 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 0.0027 BGN (High: 0.2639 / Low: 0.2612). On the other end, October was the most stable month, with a tight range of 0.0005 BGN (High: 0.2629 / Low: 0.2624).

March Spread (Volatile) ±0.0027
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2621) against the same month in 2019 (average: 0.2621), the exchange rate shifted by -0.0000 (-0.00%).

2020 Avg (March) 0.2621
2019 Avg (March) 0.2621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2622 0.2614 0.2617
February 0.2622 0.2614 0.2617
March 0.2639 0.2612 0.2621
April 0.2625 0.2615 0.2621
May 0.2629 0.2617 0.2624
June 0.2629 0.2619 0.2624
July 0.2633 0.2615 0.2627
August 0.2632 0.2615 0.2626
September 0.2638 0.2625 0.2629
October 0.2629 0.2624 0.2627
November 0.2636 0.2620 0.2627
December 0.2635 0.2624 0.2629