YEARLY HIGH
59.0034 MRO
YEARLY LOW
50.9038 MRO
YEARLY AVERAGE
54.6718 MRO

2020 DKK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 59.0034. Conversely, the yearly low was recorded on March 19, dropping to 50.9038.

This high-to-low spread represents a total annual volatility of 8.0996 MRO. From a start-to-finish perspective, comparing the January average rate of 53.0448 to the December average rate of 58.4030, the exchange rate registered a net change of 10.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 59.0034 was up 6.80% compared to the 2019 peak of 55.2450, 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 295,017 MRO
2019 Average 267,664 MRO
Yearly Trough Low 254,519 MRO
Transaction Impact: A difference of 40,497.97 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

59.0440
51.3521
JanuMarcMayJulySeptNove

DKK to MRO 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 52.7048, compared to 56.6388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9339 points.

H1 Avg (Jan–Jun) 52.7048
H2 Avg (Jul–Dec) 56.6388

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.5981 MRO (High: 54.5019 / Low: 50.9038). On the other end, April was the most stable month, with a tight range of 0.9632 MRO (High: 52.5439 / Low: 51.5807).

March Spread (Volatile) ±3.5981
April Spread (Stable) ±0.9632

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.8927 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8927

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 58.4030) against the same month in 2019 (average: 53.0933), the exchange rate shifted by +5.3097 (+10.00%).

2020 Avg (December) 58.4030
2019 Avg (December) 53.0933

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 53.6089 52.6170 53.0448
February 53.0079 51.5690 52.1641
March 54.5019 50.9038 52.8858
April 52.5439 51.5807 51.9931
May 53.2386 51.6717 52.2471
June 54.4384 53.2717 53.8940
July 56.9358 53.8351 54.9395
August 57.2788 56.2550 56.7191
September 57.1814 55.7765 56.5432
October 56.9033 55.8537 56.4383
November 57.4260 55.8030 56.7895
December 59.0034 57.8964 58.4030