YEARLY HIGH
29.4247 DJF
YEARLY LOW
25.3842 DJF
YEARLY AVERAGE
27.2634 DJF

2020 DKK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29.4247. Conversely, the yearly low was recorded on March 19, dropping to 25.3842.

This high-to-low spread represents a total annual volatility of 4.0405 DJF. From a start-to-finish perspective, comparing the January average rate of 26.4516 to the December average rate of 29.1249, 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 29.4247 was up 6.82% compared to the 2019 peak of 27.5451, 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 147,124 DJF
2019 Average 133,412 DJF
Yearly Trough Low 126,921 DJF
Transaction Impact: A difference of 20,202.71 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

29.4447
25.6072
JanuMarcMayJulySeptNove

DKK to DJF 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 26.2823, compared to 28.2445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9622 points.

H1 Avg (Jan–Jun) 26.2823
H2 Avg (Jul–Dec) 28.2445

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.7904 DJF (High: 27.1746 / Low: 25.3842). On the other end, August was the most stable month, with a tight range of 0.4648 DJF (High: 28.5251 / Low: 28.0603).

March Spread (Volatile) ±1.7904
August Spread (Stable) ±0.4648

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 0.4450 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 29.1249) against the same month in 2019 (average: 26.4741), the exchange rate shifted by +2.6508 (+10.01%).

2020 Avg (December) 29.1249
2019 Avg (December) 26.4741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.7294 26.2422 26.4516
February 26.4297 25.7123 26.0133
March 27.1746 25.3842 26.3721
April 26.2021 25.7181 25.9270
May 26.5447 25.7707 26.0538
June 27.1506 26.5687 26.8758
July 28.3895 26.8501 27.3970
August 28.5251 28.0603 28.2806
September 28.5033 27.8184 28.1976
October 28.3799 27.8564 28.1453
November 28.6373 27.8290 28.3214
December 29.4247 28.8770 29.1249