2020 DKK to ISK Historical Review

YEARLY HIGH

22.2841 ISK

YEARLY LOW

18.1775 ISK

YEARLY AVERAGE

20.7211 ISK

2020 DKK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 22.2841. Conversely, the yearly low was recorded on January 1, dropping to 18.1775.

This high-to-low spread represents a total annual volatility of 4.1067 ISK. From a start-to-finish perspective, comparing the January average rate of 18.3463 to the December average rate of 20.8392, the exchange rate registered a net change of 13.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 22.2841 was up 17.18% compared to the 2019 peak of 19.0171, 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 111,421 ISK

2019 Average 91,886 ISK

Yearly Trough Low 90,887 ISK

Transaction Impact: A difference of 20,533.25 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

22.3419

17.9830

JanuMarcMayJulySeptNove

DKK to ISK 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 19.8813, compared to 21.5610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6797 points.

H1 Avg (Jan–Jun) 19.8813

H2 Avg (Jul–Dec) 21.5610

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.1981 ISK (High: 20.9329 / Low: 18.7348). On the other end, January was the most stable month, with a tight range of 0.2658 ISK (High: 18.4433 / Low: 18.1775).

March Spread (Volatile) ±2.1981

January Spread (Stable) ±0.2658

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.8815 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8815

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 21.8239) against the same month in 2019 (average: 18.4185), the exchange rate shifted by +3.4053 (+18.49%).

2020 Avg (September) 21.8239

2019 Avg (September) 18.4185

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.4433	18.1775	18.3463
February	18.6974	18.2534	18.4851
March	20.9329	18.7348	19.9540
April	21.3906	20.7994	21.0322
May	21.3809	20.2336	20.9792
June	21.0717	19.9614	20.4910
July	21.5188	20.9062	21.2864
August	22.0469	21.4779	21.7169
September	22.2841	21.5313	21.8239
October	22.1890	21.7880	21.9787
November	22.0954	21.3348	21.7207
December	21.2270	20.3922	20.8392