YEARLY HIGH
1.1178 CNY
YEARLY LOW
1.0112 CNY
YEARLY AVERAGE
1.0561 CNY

2020 DKK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 1.1178. Conversely, the yearly low was recorded on February 18, dropping to 1.0112.

This high-to-low spread represents a total annual volatility of 0.1066 CNY. From a start-to-finish perspective, comparing the January average rate of 1.0289 to the December average rate of 1.0699, the exchange rate registered a net change of 3.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1178 was up 4.92% compared to the 2019 peak of 1.0654, 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 5,589 CNY
2019 Average 5,179 CNY
Yearly Trough Low 5,056 CNY
Transaction Impact: A difference of 532.95 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1090
1.0143
JanuMarcMayJulySeptNove

DKK to CNY 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 1.0384, compared to 1.0737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0353 points.

H1 Avg (Jan–Jun) 1.0384
H2 Avg (Jul–Dec) 1.0737

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0579 CNY (High: 1.1178 / Low: 1.0599). On the other end, November was the most stable month, with a tight range of 0.0152 CNY (High: 1.0580 / Low: 1.0428).

July Spread (Volatile) ±0.0579
November Spread (Stable) ±0.0152

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 August and September, when the average rate fell by 0.0218 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 1.0788) against the same month in 2019 (average: 1.0333), the exchange rate shifted by +0.0456 (+4.41%).

2020 Avg (July) 1.0788
2019 Avg (July) 1.0333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0456 1.0179 1.0289
February 1.0394 1.0112 1.0222
March 1.0605 1.0136 1.0408
April 1.0418 1.0210 1.0298
May 1.0644 1.0259 1.0396
June 1.0811 1.0601 1.0691
July 1.1178 1.0599 1.0788
August 1.1106 1.0942 1.1011
September 1.0937 1.0661 1.0792
October 1.0759 1.0469 1.0629
November 1.0580 1.0428 1.0503
December 1.0781 1.0617 1.0699