YEARLY HIGH
472.4124 MNT
YEARLY LOW
393.1717 MNT
YEARLY AVERAGE
430.2697 MNT

2020 DKK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 472.4124. Conversely, the yearly low was recorded on March 19, dropping to 393.1717.

This high-to-low spread represents a total annual volatility of 79.2407 MNT. From a start-to-finish perspective, comparing the January average rate of 401.6367 to the December average rate of 466.7406, the exchange rate registered a net change of 16.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 472.4124 was up 16.56% compared to the 2019 peak of 405.2927, 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 2,362,062 MNT
2019 Average 1,928,841 MNT
Yearly Trough Low 1,965,858 MNT
Transaction Impact: A difference of 396,203.26 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

473.2843
394.7593
JanuMarcMayJulySeptNove

DKK to MNT 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 408.4932, compared to 452.0461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.5529 points.

H1 Avg (Jan–Jun) 408.4932
H2 Avg (Jul–Dec) 452.0461

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 27.9096 MNT (High: 453.9900 / Low: 426.0804). On the other end, January was the most stable month, with a tight range of 6.7987 MNT (High: 405.4590 / Low: 398.6603).

July Spread (Volatile) ±27.9096
January Spread (Stable) ±6.7987

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.3913 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -3.3913

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 466.7406) against the same month in 2019 (average: 400.9968), the exchange rate shifted by +65.7438 (+16.40%).

2020 Avg (December) 466.7406
2019 Avg (December) 400.9968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 405.4590 398.6603 401.6367
February 406.8483 397.7913 401.3031
March 420.9401 393.1717 408.7519
April 409.6755 401.9436 405.3606
May 418.1548 403.1725 409.0547
June 429.1687 418.5495 424.8525
July 453.9900 426.0804 436.4354
August 457.3168 448.6550 452.5522
September 456.7427 446.6726 453.0269
October 454.5831 444.5645 450.5941
November 458.8636 446.0291 452.9274
December 472.4124 462.6036 466.7406