YEARLY HIGH
0.1345 EUR
YEARLY LOW
0.1325 EUR
YEARLY AVERAGE
0.1341 EUR

2020 DKK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.1345. Conversely, the yearly low was recorded on May 9, dropping to 0.1325.

This high-to-low spread represents a total annual volatility of 0.0020 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1338 to the December average rate of 0.1344, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1345 was up 0.27% compared to the 2019 peak of 0.1341, 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 672 EUR
2019 Average 670 EUR
Yearly Trough Low 662 EUR
Transaction Impact: A difference of 10.07 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1345
0.1337
JanuMarcMayJulySeptNove

DKK to EUR 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 0.1339, compared to 0.1343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1339
H2 Avg (Jul–Dec) 0.1343

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0017 EUR (High: 0.1342 / Low: 0.1325). On the other end, January was the most stable month, with a tight range of 0.0001 EUR (High: 0.1338 / Low: 0.1338).

May Spread (Volatile) ±0.0017
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1344) against the same month in 2019 (average: 0.1338), the exchange rate shifted by +0.0006 (+0.41%).

2020 Avg (December) 0.1344
2019 Avg (December) 0.1338

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1338 0.1338 0.1338
February 0.1339 0.1338 0.1338
March 0.1340 0.1331 0.1338
April 0.1341 0.1339 0.1340
May 0.1342 0.1325 0.1339
June 0.1342 0.1341 0.1341
July 0.1344 0.1342 0.1343
August 0.1344 0.1342 0.1343
September 0.1344 0.1343 0.1344
October 0.1344 0.1340 0.1343
November 0.1344 0.1342 0.1343
December 0.1345 0.1343 0.1344