YEARLY HIGH
34.5796 GYD
YEARLY LOW
29.6888 GYD
YEARLY AVERAGE
32.0171 GYD

2020 DKK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 34.5796. Conversely, the yearly low was recorded on March 19, dropping to 29.6888.

This high-to-low spread represents a total annual volatility of 4.8908 GYD. From a start-to-finish perspective, comparing the January average rate of 31.0347 to the December average rate of 34.2386, the exchange rate registered a net change of 10.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 34.5796 was up 6.73% compared to the 2019 peak of 32.3998, 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 172,898 GYD
2019 Average 156,636 GYD
Yearly Trough Low 148,444 GYD
Transaction Impact: A difference of 24,454.12 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

34.6179
30.0662
JanuMarcMayJulySeptNove

DKK to GYD 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 30.8532, compared to 33.1810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3278 points.

H1 Avg (Jan–Jun) 30.8532
H2 Avg (Jul–Dec) 33.1810

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.3252 GYD (High: 32.0140 / Low: 29.6888). On the other end, August was the most stable month, with a tight range of 0.5547 GYD (High: 33.5047 / Low: 32.9500).

March Spread (Volatile) ±2.3252
August Spread (Stable) ±0.5547

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 0.5206 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 34.2386) against the same month in 2019 (average: 31.0531), the exchange rate shifted by +3.1855 (+10.26%).

2020 Avg (December) 34.2386
2019 Avg (December) 31.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.5776 30.6368 31.0347
February 30.9635 30.1713 30.5141
March 32.0140 29.6888 30.9478
April 30.7764 30.2056 30.4455
May 31.1657 30.2834 30.6057
June 31.9910 31.1830 31.5713
July 33.3560 31.5521 32.1825
August 33.5047 32.9500 33.2188
September 33.4194 32.6923 33.1129
October 33.3187 32.7357 33.0646
November 33.6768 32.6969 33.2683
December 34.5796 33.9257 34.2386