YEARLY HIGH
2.8366 MDL
YEARLY LOW
2.5358 MDL
YEARLY AVERAGE
2.6383 MDL

2020 DKK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.8366. Conversely, the yearly low was recorded on February 18, dropping to 2.5358.

This high-to-low spread represents a total annual volatility of 0.3008 MDL. From a start-to-finish perspective, comparing the January average rate of 2.5814 to the December average rate of 2.8127, the exchange rate registered a net change of 8.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8366 was up 2.36% compared to the 2019 peak of 2.7713, 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 14,183 MDL
2019 Average 13,137 MDL
Yearly Trough Low 12,679 MDL
Transaction Impact: A difference of 1,503.90 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8374
2.5404
JanuMarcMayJulySeptNove

DKK to MDL 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 2.5970, compared to 2.6796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0827 points.

H1 Avg (Jan–Jun) 2.5970
H2 Avg (Jul–Dec) 2.6796

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1472 MDL (High: 2.6846 / Low: 2.5374). On the other end, September was the most stable month, with a tight range of 0.0458 MDL (High: 2.6596 / Low: 2.6138).

March Spread (Volatile) ±0.1472
September Spread (Stable) ±0.0458

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0509 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.8127) against the same month in 2019 (average: 2.5671), the exchange rate shifted by +0.2456 (+9.57%).

2020 Avg (December) 2.8127
2019 Avg (December) 2.5671

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6110 2.5424 2.5814
February 2.5969 2.5358 2.5652
March 2.6846 2.5374 2.6157
April 2.6979 2.5648 2.6400
May 2.6387 2.5584 2.5891
June 2.6178 2.5640 2.5904
July 2.6438 2.5784 2.6079
August 2.6615 2.5880 2.6280
September 2.6596 2.6138 2.6327
October 2.7086 2.6420 2.6735
November 2.7741 2.6599 2.7230
December 2.8366 2.7853 2.8127