YEARLY HIGH
1.0243 HRK
YEARLY LOW
0.9950 HRK
YEARLY AVERAGE
1.0113 HRK

2020 DKK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 1.0243. Conversely, the yearly low was recorded on January 12, dropping to 0.9950.

This high-to-low spread represents a total annual volatility of 0.0292 HRK. From a start-to-finish perspective, comparing the January average rate of 0.9961 to the December average rate of 1.0135, the exchange rate registered a net change of 1.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0243 was up 2.31% compared to the 2019 peak of 1.0011, 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 5,121 HRK
2019 Average 4,968 HRK
Yearly Trough Low 4,975 HRK
Transaction Impact: A difference of 146.12 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0197
0.9940
JanuMarcMayJulySeptNove

DKK to HRK 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 1.0094, compared to 1.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 1.0094
H2 Avg (Jul–Dec) 1.0133

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0200 HRK (High: 1.0216 / Low: 1.0016). On the other end, October was the most stable month, with a tight range of 0.0032 HRK (High: 1.0191 / Low: 1.0159).

March Spread (Volatile) ±0.0200
October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 1.0153) against the same month in 2019 (average: 0.9918), the exchange rate shifted by +0.0235 (+2.37%).

2020 Avg (June) 1.0153
2019 Avg (June) 0.9918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9995 0.9950 0.9961
February 0.9999 0.9957 0.9977
March 1.0216 1.0016 1.0137
April 1.0219 1.0120 1.0175
May 1.0195 1.0090 1.0159
June 1.0243 1.0121 1.0153
July 1.0153 0.9988 1.0111
August 1.0141 0.9988 1.0082
September 1.0154 1.0111 1.0135
October 1.0191 1.0159 1.0176
November 1.0173 1.0140 1.0156
December 1.0156 1.0094 1.0135