YEARLY HIGH
1.5191 MAD
YEARLY LOW
1.4026 MAD
YEARLY AVERAGE
1.4524 MAD

2020 DKK to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.5191. Conversely, the yearly low was recorded on March 19, dropping to 1.4026.

This high-to-low spread represents a total annual volatility of 0.1165 MAD. From a start-to-finish perspective, comparing the January average rate of 1.4276 to the December average rate of 1.4694, the exchange rate registered a net change of 2.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.5191 was up 3.64% compared to the 2019 peak of 1.4657, 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 7,595 MAD
2019 Average 7,209 MAD
Yearly Trough Low 7,013 MAD
Transaction Impact: A difference of 582.50 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4821
1.4076
JanuMarcMayJulySeptNove

DKK to MAD 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 1.4424, compared to 1.4625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 1.4424
H2 Avg (Jul–Dec) 1.4625

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0898 MAD (High: 1.4923 / Low: 1.4026). On the other end, November was the most stable month, with a tight range of 0.0176 MAD (High: 1.4604 / Low: 1.4428).

March Spread (Volatile) ±0.0898
November Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0344 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.4694) against the same month in 2019 (average: 1.4310), the exchange rate shifted by +0.0385 (+2.69%).

2020 Avg (December) 1.4694
2019 Avg (December) 1.4310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4437 1.4213 1.4276
February 1.4259 1.4066 1.4138
March 1.4923 1.4026 1.4341
April 1.4990 1.4402 1.4759
May 1.4623 1.4279 1.4415
June 1.4711 1.4495 1.4613
July 1.4899 1.4605 1.4696
August 1.4809 1.4572 1.4669
September 1.4727 1.4502 1.4606
October 1.4673 1.4445 1.4555
November 1.4604 1.4428 1.4527
December 1.5191 1.4589 1.4694