YEARLY HIGH
226.0227 MMK
YEARLY LOW
201.1913 MMK
YEARLY AVERAGE
210.4606 MMK

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 1,130,114 MMK
2019 Average 1,140,775 MMK
Yearly Trough Low 1,005,957 MMK
Transaction Impact: A difference of 124,156.95 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

220.1786
202.8300
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 210.0435
H2 Avg (Jul–Dec) 210.8777

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±12.0268
August Spread (Stable) ±4.7089

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.3070

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 218.7329
2019 Avg (December) 223.0242

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