2020 DKK to IQD Historical Review

YEARLY HIGH

241.5069 IQD

YEARLY LOW

170.0385 IQD

YEARLY AVERAGE

183.4403 IQD

2020 DKK to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 241.5069. Conversely, the yearly low was recorded on March 19, dropping to 170.0385.

This high-to-low spread represents a total annual volatility of 71.4683 IQD. From a start-to-finish perspective, comparing the January average rate of 177.1201 to the December average rate of 206.4166, the exchange rate registered a net change of 16.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 241.5069 was up 30.75% compared to the 2019 peak of 184.7105, 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 1,207,534 IQD

2019 Average 893,149 IQD

Yearly Trough Low 850,193 IQD

Transaction Impact: A difference of 357,341.74 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

209.7122

170.1645

JanuMarcMayJulySeptNove

DKK to IQD 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 175.8611, compared to 191.0195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.1583 points.

H1 Avg (Jan–Jun) 175.8611

H2 Avg (Jul–Dec) 191.0195

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 48.1201 IQD (High: 241.5069 / Low: 193.3868). On the other end, April was the most stable month, with a tight range of 2.9245 IQD (High: 175.1464 / Low: 172.2219).

December Spread (Volatile) ±48.1201

April Spread (Stable) ±2.9245

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 January and February, when the average rate fell by 3.0126 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.0126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 206.4166) against the same month in 2019 (average: 177.1911), the exchange rate shifted by +29.2255 (+16.49%).

2020 Avg (December) 206.4166

2019 Avg (December) 177.1911

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	180.1886	175.5196	177.1201
February	176.7022	172.2558	174.1075
March	181.7865	170.0385	176.4586
April	175.1464	172.2219	173.4601
May	177.7533	172.1966	174.2176
June	181.4613	177.8757	179.8029
July	190.1327	179.6159	183.4097
August	191.2822	187.9332	189.5606
September	191.1329	185.9218	188.7776
October	189.8819	186.1790	188.4096
November	191.7853	186.0771	189.5427
December	241.5069	193.3868	206.4166