YEARLY HIGH
1.1367 BOB
YEARLY LOW
0.9817 BOB
YEARLY AVERAGE
1.0571 BOB

2020 DKK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.1367. Conversely, the yearly low was recorded on March 19, dropping to 0.9817.

This high-to-low spread represents a total annual volatility of 0.1549 BOB. From a start-to-finish perspective, comparing the January average rate of 1.0275 to the December average rate of 1.1278, the exchange rate registered a net change of 9.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1367 was up 6.26% compared to the 2019 peak of 1.0697, 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 5,683 BOB
2019 Average 5,182 BOB
Yearly Trough Low 4,909 BOB
Transaction Impact: A difference of 774.60 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1402
0.9918
JanuMarcMayJulySeptNove

DKK to BOB 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 1.0191, compared to 1.0950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0759 points.

H1 Avg (Jan–Jun) 1.0191
H2 Avg (Jul–Dec) 1.0950

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0717 BOB (High: 1.0534 / Low: 0.9817). On the other end, August was the most stable month, with a tight range of 0.0166 BOB (High: 1.1050 / Low: 1.0884).

March Spread (Volatile) ±0.0717
August Spread (Stable) ±0.0166

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 0.0171 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.1278) against the same month in 2019 (average: 1.0280), the exchange rate shifted by +0.0998 (+9.71%).

2020 Avg (December) 1.1278
2019 Avg (December) 1.0280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0422 1.0190 1.0275
February 1.0266 0.9992 1.0104
March 1.0534 0.9817 1.0204
April 1.0144 0.9959 1.0041
May 1.0292 0.9979 1.0095
June 1.0527 1.0300 1.0429
July 1.1011 1.0414 1.0629
August 1.1050 1.0884 1.0969
September 1.1055 1.0790 1.0937
October 1.1005 1.0801 1.0916
November 1.1107 1.0795 1.0972
December 1.1367 1.1169 1.1278