YEARLY HIGH
641.3622 MGA
YEARLY LOW
534.6711 MGA
YEARLY AVERAGE
583.7186 MGA

2020 DKK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 641.3622. Conversely, the yearly low was recorded on January 28, dropping to 534.6711.

This high-to-low spread represents a total annual volatility of 106.6911 MGA. From a start-to-finish perspective, comparing the January average rate of 546.9306 to the December average rate of 624.6584, the exchange rate registered a net change of 14.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 641.3622 was up 14.98% compared to the 2019 peak of 557.8203, 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 3,206,811 MGA
2019 Average 2,723,330 MGA
Yearly Trough Low 2,673,355 MGA
Transaction Impact: A difference of 533,455.73 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

633.0017
532.8818
JanuMarcMayJulySeptNove

DKK to MGA 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 554.0409, compared to 613.3964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 59.3555 points.

H1 Avg (Jan–Jun) 554.0409
H2 Avg (Jul–Dec) 613.3964

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 36.0280 MGA (High: 641.3622 / Low: 605.3343). On the other end, September was the most stable month, with a tight range of 9.4413 MGA (High: 614.8590 / Low: 605.4177).

December Spread (Volatile) ±36.0280
September Spread (Stable) ±9.4413

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 5.7054 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -5.7054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 624.6584) against the same month in 2019 (average: 536.1962), the exchange rate shifted by +88.4622 (+16.50%).

2020 Avg (December) 624.6584
2019 Avg (December) 536.1962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 557.1045 534.6711 546.9306
February 549.5147 536.8354 541.2252
March 561.5879 537.1355 551.3801
April 557.6291 542.7397 549.6036
May 567.2733 550.0096 557.4833
June 586.5310 566.6677 577.6223
July 611.0048 580.5176 591.5578
August 617.5358 599.5158 609.6376
September 614.8590 605.4177 611.4548
October 626.5010 613.7827 619.2734
November 633.1735 606.7707 623.7963
December 641.3622 605.3343 624.6584