YEARLY HIGH
0.0623 BHD
YEARLY LOW
0.0538 BHD
YEARLY AVERAGE
0.0578 BHD

2020 DKK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0623. Conversely, the yearly low was recorded on March 19, dropping to 0.0538.

This high-to-low spread represents a total annual volatility of 0.0085 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0560 to the December average rate of 0.0617, 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 0.0623 was up 6.83% compared to the 2019 peak of 0.0583, 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 312 BHD
2019 Average 283 BHD
Yearly Trough Low 269 BHD
Transaction Impact: A difference of 42.37 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0624
0.0543
JanuMarcMayJulySeptNove

DKK to BHD 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 0.0557, compared to 0.0598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0557
H2 Avg (Jul–Dec) 0.0598

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0037 BHD (High: 0.0576 / Low: 0.0538). On the other end, April was the most stable month, with a tight range of 0.0009 BHD (High: 0.0555 / Low: 0.0546).

March Spread (Volatile) ±0.0037
April Spread (Stable) ±0.0009

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 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0617) against the same month in 2019 (average: 0.0561), the exchange rate shifted by +0.0056 (+10.00%).

2020 Avg (December) 0.0617
2019 Avg (December) 0.0561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0568 0.0556 0.0560
February 0.0560 0.0545 0.0551
March 0.0576 0.0538 0.0559
April 0.0555 0.0546 0.0550
May 0.0562 0.0547 0.0553
June 0.0576 0.0563 0.0570
July 0.0601 0.0569 0.0580
August 0.0605 0.0594 0.0599
September 0.0604 0.0589 0.0597
October 0.0601 0.0590 0.0596
November 0.0607 0.0589 0.0600
December 0.0623 0.0612 0.0617