2020 DKK to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 DKK to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the DKK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 31.1885. Conversely, the yearly low was recorded on February 20, dropping to 26.2431.
This high-to-low spread represents a total annual volatility of 4.9454 LKR. From a start-to-finish perspective, comparing the January average rate of 26.9586 to the December average rate of 30.6206, the exchange rate registered a net change of 13.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 31.1885 was up 10.40% compared to the 2019 peak of 28.2508, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
DKK to LKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 27.3804, compared to 29.4121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0317 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 1.5523 LKR (High: 29.6037 / Low: 28.0514). On the other end, October was the most stable month, with a tight range of 0.5375 LKR (High: 29.3711 / Low: 28.8336).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 0.4757 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 30.6206) against the same month in 2019 (average: 26.9520), the exchange rate shifted by +3.6686 (+13.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.3760 | 26.7467 | 26.9586 |
| February | 26.9390 | 26.2431 | 26.5327 |
| March | 28.0898 | 26.5765 | 27.3721 |
| April | 28.2036 | 27.5684 | 27.9129 |
| May | 28.0421 | 27.0930 | 27.4372 |
| June | 28.3442 | 27.7563 | 28.0692 |
| July | 29.6037 | 28.0514 | 28.5957 |
| August | 29.8341 | 28.9768 | 29.3883 |
| September | 29.7727 | 28.9521 | 29.3063 |
| October | 29.3711 | 28.8336 | 29.1510 |
| November | 29.8061 | 28.8178 | 29.4109 |
| December | 31.1885 | 30.1414 | 30.6206 |