YEARLY HIGH
12.1602 INR
YEARLY LOW
10.3429 INR
YEARLY AVERAGE
11.3515 INR

2020 DKK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 12.1602. Conversely, the yearly low was recorded on February 13, dropping to 10.3429.

This high-to-low spread represents a total annual volatility of 1.8173 INR. From a start-to-finish perspective, comparing the January average rate of 10.5896 to the December average rate of 12.0504, the exchange rate registered a net change of 13.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.1602 was up 10.73% compared to the 2019 peak of 10.9823, 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 60,801 INR
2019 Average 52,785 INR
Yearly Trough Low 51,714 INR
Transaction Impact: A difference of 9,086.60 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.2094
10.3008
JanuMarcMayJulySeptNove

DKK to INR 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 10.9515, compared to 11.7516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8000 points.

H1 Avg (Jan–Jun) 10.9515
H2 Avg (Jul–Dec) 11.7516

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6903 INR (High: 11.3635 / Low: 10.6732). On the other end, September was the most stable month, with a tight range of 0.2020 INR (High: 11.7166 / Low: 11.5146).

March Spread (Volatile) ±0.6903
September Spread (Stable) ±0.2020

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.2032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 12.0504) against the same month in 2019 (average: 10.5848), the exchange rate shifted by +1.4656 (+13.85%).

2020 Avg (December) 12.0504
2019 Avg (December) 10.5848

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7555 10.5076 10.5896
February 10.6519 10.3429 10.4598
March 11.3635 10.6732 11.0395
April 11.2372 10.9776 11.1017
May 11.2626 10.9412 11.0805
June 11.5539 11.2636 11.4380
July 11.9271 11.2679 11.5273
August 11.9654 11.6981 11.8487
September 11.7166 11.5146 11.6456
October 11.7686 11.5406 11.6301
November 11.8953 11.6390 11.8073
December 12.1602 11.9143 12.0504