YEARLY HIGH
31.9767 LRD
YEARLY LOW
24.8079 LRD
YEARLY AVERAGE
29.3150 LRD

2020 DKK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 31.9767. Conversely, the yearly low was recorded on November 18, dropping to 24.8079.

This high-to-low spread represents a total annual volatility of 7.1688 LRD. From a start-to-finish perspective, comparing the January average rate of 28.4464 to the December average rate of 26.3843, the exchange rate registered a net change of -7.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 31.9767 was up 1.11% compared to the 2019 peak of 31.6268, 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 159,883 LRD
2019 Average 139,590 LRD
Yearly Trough Low 124,039 LRD
Transaction Impact: A difference of 35,843.86 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

32.1939
25.8562
JanuMarcMayJulySeptNove

DKK to LRD 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 29.0677, compared to 29.5623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4946 points.

H1 Avg (Jan–Jun) 29.0677
H2 Avg (Jul–Dec) 29.5623

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 3.8073 LRD (High: 28.6152 / Low: 24.8079). On the other end, April was the most stable month, with a tight range of 0.5526 LRD (High: 29.1604 / Low: 28.6078).

November Spread (Volatile) ±3.8073
April Spread (Stable) ±0.5526

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 October and November, when the average rate fell by 4.2987 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.2987

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 31.6658) against the same month in 2019 (average: 30.3595), the exchange rate shifted by +1.3063 (+4.30%).

2020 Avg (August) 31.6658
2019 Avg (August) 30.3595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.9539 28.0475 28.4464
February 29.2012 28.4153 28.7211
March 30.2279 28.2099 29.2955
April 29.1604 28.6078 28.8491
May 29.6167 28.7234 29.0419
June 30.3261 29.6427 30.0526
July 31.7772 30.0541 30.6712
August 31.9767 31.4091 31.6658
September 31.9223 31.0911 31.5356
October 31.5204 28.6309 30.7078
November 28.6152 24.8079 26.4091
December 27.0598 25.5831 26.3843