YEARLY HIGH
6.5584 MUR
YEARLY LOW
5.3729 MUR
YEARLY AVERAGE
6.0097 MUR

2020 DKK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 6.5584. Conversely, the yearly low was recorded on February 8, dropping to 5.3729.

This high-to-low spread represents a total annual volatility of 1.1856 MUR. From a start-to-finish perspective, comparing the January average rate of 5.4362 to the December average rate of 6.4789, the exchange rate registered a net change of 19.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 6.5584 was up 19.87% compared to the 2019 peak of 5.4712, 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 32,792 MUR
2019 Average 26,667 MUR
Yearly Trough Low 26,864 MUR
Transaction Impact: A difference of 5,927.92 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6.5832
5.3319
JanuMarcMayJulySeptNove

DKK to MUR 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 5.7034, compared to 6.3160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6126 points.

H1 Avg (Jan–Jun) 5.7034
H2 Avg (Jul–Dec) 6.3160

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.3704 MUR (High: 6.3795 / Low: 6.0091). On the other end, January was the most stable month, with a tight range of 0.0676 MUR (High: 5.4795 / Low: 5.4119).

July Spread (Volatile) ±0.3704
January Spread (Stable) ±0.0676

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0077 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 6.4789) against the same month in 2019 (average: 5.4358), the exchange rate shifted by +1.0432 (+19.19%).

2020 Avg (December) 6.4789
2019 Avg (December) 5.4358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.4795 5.4119 5.4362
February 5.5633 5.3729 5.4380
March 5.9040 5.5397 5.6909
April 5.8494 5.7177 5.7777
May 5.9964 5.7690 5.8431
June 6.1077 5.9570 6.0346
July 6.3795 6.0091 6.1495
August 6.3745 6.2542 6.3102
September 6.3508 6.2051 6.3025
October 6.4012 6.2519 6.3062
November 6.4101 6.2484 6.3488
December 6.5584 6.4344 6.4789