YEARLY HIGH
0.5438 GEL
YEARLY LOW
0.4049 GEL
YEARLY AVERAGE
0.4772 GEL

2020 DKK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.5438. Conversely, the yearly low was recorded on February 25, dropping to 0.4049.

This high-to-low spread represents a total annual volatility of 0.1389 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4276 to the December average rate of 0.5389, the exchange rate registered a net change of 26.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5438 was up 22.59% compared to the 2019 peak of 0.4436, 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 2,719 GEL
2019 Average 2,111 GEL
Yearly Trough Low 2,024 GEL
Transaction Impact: A difference of 694.68 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5513
0.4031
JanuMarcMayJulySeptNove

DKK to GEL 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 0.4472, compared to 0.5073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0602 points.

H1 Avg (Jan–Jun) 0.4472
H2 Avg (Jul–Dec) 0.5073

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0951 GEL (High: 0.5077 / Low: 0.4126). On the other end, January was the most stable month, with a tight range of 0.0057 GEL (High: 0.4306 / Low: 0.4249).

March Spread (Volatile) ±0.0951
January Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0122 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5389) against the same month in 2019 (average: 0.4300), the exchange rate shifted by +0.1089 (+25.32%).

2020 Avg (December) 0.5389
2019 Avg (December) 0.4300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4306 0.4249 0.4276
February 0.4291 0.4049 0.4154
March 0.5077 0.4126 0.4464
April 0.4820 0.4573 0.4635
May 0.4750 0.4645 0.4688
June 0.4808 0.4467 0.4612
July 0.4936 0.4611 0.4729
August 0.4958 0.4861 0.4911
September 0.5282 0.4884 0.5034
October 0.5167 0.5053 0.5098
November 0.5425 0.5066 0.5278
December 0.5438 0.5336 0.5389