YEARLY HIGH
1.2813 HKD
YEARLY LOW
1.1068 HKD
YEARLY AVERAGE
1.1878 HKD

2020 DKK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.2813. Conversely, the yearly low was recorded on March 19, dropping to 1.1068.

This high-to-low spread represents a total annual volatility of 0.1745 HKD. From a start-to-finish perspective, comparing the January average rate of 1.1550 to the December average rate of 1.2682, the exchange rate registered a net change of 9.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2813 was up 5.64% compared to the 2019 peak of 1.2129, 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 6,406 HKD
2019 Average 5,874 HKD
Yearly Trough Low 5,534 HKD
Transaction Impact: A difference of 872.51 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2822
1.1150
JanuMarcMayJulySeptNove

DKK to HKD 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 1.1459, compared to 1.2298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0839 points.

H1 Avg (Jan–Jun) 1.1459
H2 Avg (Jul–Dec) 1.2298

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0796 HKD (High: 1.1864 / Low: 1.1068). On the other end, April was the most stable month, with a tight range of 0.0210 HKD (High: 1.1409 / Low: 1.1199).

March Spread (Volatile) ±0.0796
April Spread (Stable) ±0.0210

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 March and April, when the average rate fell by 0.0214 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.2682) against the same month in 2019 (average: 1.1607), the exchange rate shifted by +0.1075 (+9.26%).

2020 Avg (December) 1.2682
2019 Avg (December) 1.1607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1702 1.1457 1.1550
February 1.1531 1.1227 1.1361
March 1.1864 1.1068 1.1503
April 1.1409 1.1199 1.1289
May 1.1562 1.1221 1.1348
June 1.1818 1.1566 1.1700
July 1.2360 1.1688 1.1929
August 1.2435 1.2213 1.2314
September 1.2415 1.2108 1.2275
October 1.2353 1.2130 1.2253
November 1.2468 1.2116 1.2332
December 1.2813 1.2572 1.2682