YEARLY HIGH
0.1172 JOD
YEARLY LOW
0.1011 JOD
YEARLY AVERAGE
0.1086 JOD

2020 DKK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1172. Conversely, the yearly low was recorded on March 19, dropping to 0.1011.

This high-to-low spread represents a total annual volatility of 0.0161 JOD. From a start-to-finish perspective, comparing the January average rate of 0.1053 to the December average rate of 0.1160, the exchange rate registered a net change of 10.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1172 was up 6.71% compared to the 2019 peak of 0.1098, 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 586 JOD
2019 Average 532 JOD
Yearly Trough Low 505 JOD
Transaction Impact: A difference of 80.43 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1172
0.1020
JanuMarcMayJulySeptNove

DKK to JOD 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 0.1047, compared to 0.1125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1047
H2 Avg (Jul–Dec) 0.1125

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0071 JOD (High: 0.1082 / Low: 0.1011). On the other end, April was the most stable month, with a tight range of 0.0019 JOD (High: 0.1044 / Low: 0.1024).

March Spread (Volatile) ±0.0071
April Spread (Stable) ±0.0019

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 March and April, when the average rate fell by 0.0018 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1160) against the same month in 2019 (average: 0.1055), the exchange rate shifted by +0.0105 (+9.98%).

2020 Avg (December) 0.1160
2019 Avg (December) 0.1055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1065 0.1045 0.1053
February 0.1052 0.1024 0.1036
March 0.1082 0.1011 0.1050
April 0.1044 0.1024 0.1033
May 0.1057 0.1026 0.1038
June 0.1081 0.1058 0.1070
July 0.1131 0.1069 0.1091
August 0.1138 0.1117 0.1126
September 0.1136 0.1108 0.1123
October 0.1130 0.1109 0.1121
November 0.1140 0.1108 0.1128
December 0.1172 0.1150 0.1160