YEARLY HIGH
2447.0933 IDR
YEARLY LOW
1949.0405 IDR
YEARLY AVERAGE
2226.2759 IDR

2020 DKK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 2447.0933. Conversely, the yearly low was recorded on January 27, dropping to 1949.0405.

This high-to-low spread represents a total annual volatility of 498.0528 IDR. From a start-to-finish perspective, comparing the January average rate of 2038.6910 to the December average rate of 2309.1517, the exchange rate registered a net change of 13.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2447.0933 was up 10.97% compared to the 2019 peak of 2205.1622, 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 12,235,466 IDR
2019 Average 10,598,671 IDR
Yearly Trough Low 9,745,202 IDR
Transaction Impact: A difference of 2,490,263.87 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2382.5248
1975.0986
JanuMarcMayJulySeptNove

DKK to IDR 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 2150.8272, compared to 2301.7245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 150.8973 points.

H1 Avg (Jan–Jun) 2150.8272
H2 Avg (Jul–Dec) 2301.7245

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 384.5936 IDR (High: 2447.0933 / Low: 2062.4997). On the other end, December was the most stable month, with a tight range of 40.2021 IDR (High: 2328.0033 / Low: 2287.8012).

March Spread (Volatile) ±384.5936
December Spread (Stable) ±40.2021

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 121.7638 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -121.7638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2246.3682) against the same month in 2019 (average: 2152.6161), the exchange rate shifted by +93.7521 (+4.36%).

2020 Avg (March) 2246.3682
2019 Avg (March) 2152.6161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2086.3378 1949.0405 2038.6910
February 2062.7229 1973.9125 2009.0508
March 2447.0933 2062.4997 2246.3682
April 2408.9391 2222.2803 2294.3385
May 2233.6807 2145.5888 2172.5747
June 2201.9170 2110.4098 2143.9402
July 2324.5964 2152.3120 2235.3282
August 2372.9284 2301.9665 2333.7311
September 2394.0329 2320.3625 2348.5726
October 2343.0794 2282.7184 2324.4608
November 2297.5933 2226.4101 2259.1024
December 2328.0033 2287.8012 2309.1517