2020 DKK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 DKK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the DKK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 226.0227. Conversely, the yearly low was recorded on November 2, dropping to 201.1913.
This high-to-low spread represents a total annual volatility of 24.8314 MMK. From a start-to-finish perspective, comparing the January average rate of 218.1960 to the December average rate of 218.7329, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 226.0227 was down 4.91% compared to the 2019 peak of 237.6945, 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 MMK 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 210.0435, compared to 210.8777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8342 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 12.0268 MMK (High: 217.6618 / Low: 205.6350). On the other end, August was the most stable month, with a tight range of 4.7089 MMK (High: 217.3143 / Low: 212.6054).
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 August and September, when the average rate fell by 6.3070 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 218.7329) against the same month in 2019 (average: 223.0242), the exchange rate shifted by -4.2913 (-1.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 222.7807 | 216.0826 | 218.1960 |
| February | 217.2052 | 209.0895 | 211.9173 |
| March | 213.5181 | 202.2703 | 207.4392 |
| April | 211.6182 | 203.3261 | 206.8880 |
| May | 208.8350 | 201.4506 | 205.3377 |
| June | 213.3611 | 206.6852 | 210.4830 |
| July | 217.6618 | 205.6350 | 210.5887 |
| August | 217.3143 | 212.6054 | 215.6266 |
| September | 213.5081 | 204.3176 | 209.3196 |
| October | 206.4075 | 201.3230 | 204.2758 |
| November | 211.5220 | 201.1913 | 206.7228 |
| December | 226.0227 | 214.2864 | 218.7329 |