YEARLY HIGH
0.1261 GBP
YEARLY LOW
0.1111 GBP
YEARLY AVERAGE
0.1193 GBP

2020 DKK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1261. Conversely, the yearly low was recorded on February 15, dropping to 0.1111.

This high-to-low spread represents a total annual volatility of 0.0150 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1136 to the December average rate of 0.1217, the exchange rate registered a net change of 7.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1261 was up 0.99% compared to the 2019 peak of 0.1249, 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 631 GBP
2019 Average 587 GBP
Yearly Trough Low 556 GBP
Transaction Impact: A difference of 75.13 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1233
0.1117
JanuMarcMayJulySeptNove

DKK to GBP 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 0.1172, compared to 0.1214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1172
H2 Avg (Jul–Dec) 0.1214

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0104 GBP (High: 0.1261 / Low: 0.1157). On the other end, October was the most stable month, with a tight range of 0.0018 GBP (High: 0.1227 / Low: 0.1208).

March Spread (Volatile) ±0.0104
October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1198) against the same month in 2019 (average: 0.1150), the exchange rate shifted by +0.0049 (+4.22%).

2020 Avg (March) 0.1198
2019 Avg (March) 0.1150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1147 0.1124 0.1136
February 0.1151 0.1111 0.1127
March 0.1261 0.1157 0.1198
April 0.1185 0.1165 0.1173
May 0.1208 0.1167 0.1190
June 0.1226 0.1191 0.1206
July 0.1227 0.1202 0.1215
August 0.1217 0.1198 0.1209
September 0.1245 0.1192 0.1223
October 0.1227 0.1208 0.1218
November 0.1215 0.1194 0.1204
December 0.1231 0.1201 0.1217