2020 DKK to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |