2020 DKK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |