YEARLY HIGH
0.3332 BZD
YEARLY LOW
0.2866 BZD
YEARLY AVERAGE
0.3086 BZD

2020 DKK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3332. Conversely, the yearly low was recorded on March 19, dropping to 0.2866.

This high-to-low spread represents a total annual volatility of 0.0465 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2995 to the December average rate of 0.3298, the exchange rate registered a net change of 10.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3332 was up 6.77% compared to the 2019 peak of 0.3120, 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 1,666 BZD
2019 Average 1,511 BZD
Yearly Trough Low 1,433 BZD
Transaction Impact: A difference of 232.73 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3335
0.2894
JanuMarcMayJulySeptNove

DKK to BZD 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 0.2974, compared to 0.3197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.2974
H2 Avg (Jul–Dec) 0.3197

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0207 BZD (High: 0.3074 / Low: 0.2866). On the other end, October was the most stable month, with a tight range of 0.0060 BZD (High: 0.3213 / Low: 0.3153).

March Spread (Volatile) ±0.0207
October Spread (Stable) ±0.0060

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: 0.3298) against the same month in 2019 (average: 0.2997), the exchange rate shifted by +0.0301 (+10.03%).

2020 Avg (December) 0.3298
2019 Avg (December) 0.2997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3042 0.2970 0.2995
February 0.2993 0.2913 0.2945
March 0.3074 0.2866 0.2981
April 0.2965 0.2900 0.2930
May 0.3005 0.2917 0.2949
June 0.3073 0.3007 0.3043
July 0.3214 0.3040 0.3101
August 0.3230 0.3162 0.3199
September 0.3227 0.3150 0.3193
October 0.3213 0.3153 0.3186
November 0.3242 0.3151 0.3206
December 0.3332 0.3270 0.3298