YEARLY HIGH
0.0503 KWD
YEARLY LOW
0.0441 KWD
YEARLY AVERAGE
0.0470 KWD

2020 DKK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0503. Conversely, the yearly low was recorded on February 18, dropping to 0.0441.

This high-to-low spread represents a total annual volatility of 0.0062 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0451 to the December average rate of 0.0499, the exchange rate registered a net change of 10.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0503 was up 7.33% compared to the 2019 peak of 0.0469, 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 251 KWD
2019 Average 228 KWD
Yearly Trough Low 221 KWD
Transaction Impact: A difference of 30.87 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0504
0.0440
JanuMarcMayJulySeptNove

DKK to KWD 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 0.0454, compared to 0.0485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0454
H2 Avg (Jul–Dec) 0.0485

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0024 KWD (High: 0.0468 / Low: 0.0444). On the other end, August was the most stable month, with a tight range of 0.0008 KWD (High: 0.0490 / Low: 0.0482).

March Spread (Volatile) ±0.0024
August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0499) against the same month in 2019 (average: 0.0451), the exchange rate shifted by +0.0047 (+10.47%).

2020 Avg (December) 0.0499
2019 Avg (December) 0.0451

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0456 0.0447 0.0451
February 0.0452 0.0441 0.0446
March 0.0468 0.0444 0.0458
April 0.0459 0.0450 0.0453
May 0.0460 0.0448 0.0452
June 0.0469 0.0460 0.0465
July 0.0487 0.0464 0.0473
August 0.0490 0.0482 0.0486
September 0.0489 0.0479 0.0485
October 0.0487 0.0478 0.0484
November 0.0491 0.0478 0.0486
December 0.0503 0.0495 0.0499