YEARLY HIGH
190.5146 KRW
YEARLY LOW
171.5735 KRW
YEARLY AVERAGE
180.4310 KRW

2020 DKK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 190.5146. Conversely, the yearly low was recorded on February 15, dropping to 171.5735.

This high-to-low spread represents a total annual volatility of 18.9411 KRW. From a start-to-finish perspective, comparing the January average rate of 173.2574 to the December average rate of 179.0095, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 190.5146 was up 3.90% compared to the 2019 peak of 183.3717, 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 952,573 KRW
2019 Average 873,454 KRW
Yearly Trough Low 857,868 KRW
Transaction Impact: A difference of 94,705.43 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

190.1647
171.7204
JanuMarcMayJulySeptNove

DKK to KRW 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 178.0257, compared to 182.8362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8105 points.

H1 Avg (Jan–Jun) 178.0257
H2 Avg (Jul–Dec) 182.8362

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 8.8971 KRW (High: 189.7302 / Low: 180.8330). On the other end, November was the most stable month, with a tight range of 3.0731 KRW (High: 179.0149 / Low: 175.9418).

July Spread (Volatile) ±8.8971
November Spread (Stable) ±3.0731

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 September and October, when the average rate fell by 5.6652 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.6652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 188.6277) against the same month in 2019 (average: 180.4783), the exchange rate shifted by +8.1494 (+4.52%).

2020 Avg (August) 188.6277
2019 Avg (August) 180.4783

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 177.5793 171.9980 173.2574
February 178.4094 171.5735 174.5968
March 184.2204 176.6242 180.1102
April 181.3254 176.6329 178.0696
May 183.9834 177.1535 179.9177
June 184.9569 180.7871 182.2026
July 189.7302 180.8330 184.5373
August 190.5146 186.8801 188.6277
September 189.8743 183.0448 186.5667
October 183.7452 177.3291 180.9015
November 179.0149 175.9418 177.3745
December 181.7208 176.4340 179.0095