2020 DKK to GHS Historical Review

YEARLY HIGH

0.9715 GHS

YEARLY LOW

0.7691 GHS

YEARLY AVERAGE

0.8785 GHS

2020 DKK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.9715. Conversely, the yearly low was recorded on February 20, dropping to 0.7691.

This high-to-low spread represents a total annual volatility of 0.2025 GHS. From a start-to-finish perspective, comparing the January average rate of 0.8399 to the December average rate of 0.9600, the exchange rate registered a net change of 14.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9715 was down 55.26% compared to the 2019 peak of 2.1715, 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 4,858 GHS

2019 Average 4,039 GHS

Yearly Trough Low 3,845 GHS

Transaction Impact: A difference of 1,012.33 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9774

0.7686

JanuMarcMayJulySeptNove

DKK to GHS 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 0.8354, compared to 0.9216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0862 points.

H1 Avg (Jan–Jun) 0.8354

H2 Avg (Jul–Dec) 0.9216

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0604 GHS (High: 0.8586 / Low: 0.7982). On the other end, October was the most stable month, with a tight range of 0.0154 GHS (High: 0.9277 / Low: 0.9123).

March Spread (Volatile) ±0.0604

October Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between February and August, 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 0.0538 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.9600) against the same month in 2019 (average: 0.8474), the exchange rate shifted by +0.1126 (+13.29%).

2020 Avg (December) 0.9600

2019 Avg (December) 0.8474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8542	0.8166	0.8399
February	0.8166	0.7691	0.7860
March	0.8586	0.7982	0.8267
April	0.8572	0.8283	0.8412
May	0.8625	0.8354	0.8452
June	0.8839	0.8572	0.8735
July	0.9206	0.8725	0.8890
August	0.9264	0.9080	0.9170
September	0.9246	0.9051	0.9165
October	0.9277	0.9123	0.9190
November	0.9412	0.9103	0.9281
December	0.9715	0.9504	0.9600