YEARLY HIGH
1654.4101 GNF
YEARLY LOW
1348.0322 GNF
YEARLY AVERAGE
1474.1091 GNF

2020 DKK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1654.4101. Conversely, the yearly low was recorded on March 21, dropping to 1348.0322.

This high-to-low spread represents a total annual volatility of 306.3779 GNF. From a start-to-finish perspective, comparing the January average rate of 1409.2810 to the December average rate of 1626.8414, the exchange rate registered a net change of 15.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1654.4101 was up 15.28% compared to the 2019 peak of 1435.0833, 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 8,272,050 GNF
2019 Average 6,920,041 GNF
Yearly Trough Low 6,740,161 GNF
Transaction Impact: A difference of 1,531,889.49 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1651.2564
1358.2765
JanuMarcMayJulySeptNove

DKK to GNF 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 1401.3837, compared to 1546.8345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 145.4508 points.

H1 Avg (Jan–Jun) 1401.3837
H2 Avg (Jul–Dec) 1546.8345

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 101.7947 GNF (High: 1449.8269 / Low: 1348.0322). On the other end, September was the most stable month, with a tight range of 26.2883 GNF (High: 1547.2537 / Low: 1520.9654).

March Spread (Volatile) ±101.7947
September Spread (Stable) ±26.2883

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 25.4956 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -25.4956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1626.8414) against the same month in 2019 (average: 1409.7533), the exchange rate shifted by +217.0881 (+15.40%).

2020 Avg (December) 1626.8414
2019 Avg (December) 1409.7533

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1441.4357 1386.4575 1409.2810
February 1413.5289 1368.1899 1383.7854
March 1449.8269 1348.0322 1403.8989
April 1395.4669 1362.6384 1382.6915
May 1420.8512 1362.8717 1386.4103
June 1460.1436 1421.3727 1442.2353
July 1536.4742 1452.0207 1481.5664
August 1547.7421 1518.5875 1532.1947
September 1547.2537 1520.9654 1536.4436
October 1560.4532 1529.3271 1546.2113
November 1580.1867 1530.0765 1557.7499
December 1654.4101 1596.2837 1626.8414