2020 DKK to NAD Historical Review

YEARLY HIGH

2.8646 NAD

YEARLY LOW

2.0917 NAD

YEARLY AVERAGE

2.5214 NAD

2020 DKK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 2.8646. Conversely, the yearly low was recorded on January 4, dropping to 2.0917.

This high-to-low spread represents a total annual volatility of 0.7729 NAD. From a start-to-finish perspective, comparing the January average rate of 2.1331 to the December average rate of 2.4335, the exchange rate registered a net change of 14.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8646 was down 48.06% compared to the 2019 peak of 5.5152, 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 14,323 NAD

2019 Average 10,873 NAD

Yearly Trough Low 10,459 NAD

Transaction Impact: A difference of 3,864.45 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8175

2.0709

JanuMarcMayJulySeptNove

DKK to NAD 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 2.4550, compared to 2.5879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1329 points.

H1 Avg (Jan–Jun) 2.4550

H2 Avg (Jul–Dec) 2.5879

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3737 NAD (High: 2.6510 / Low: 2.2773). On the other end, July was the most stable month, with a tight range of 0.0959 NAD (High: 2.6423 / Low: 2.5464).

March Spread (Volatile) ±0.3737

July Spread (Stable) ±0.0959

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.1549 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 2.6279) against the same month in 2019 (average: 2.2065), the exchange rate shifted by +0.4214 (+19.10%).

2020 Avg (October) 2.6279

2019 Avg (October) 2.2065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1946	2.0917	2.1331
February	2.2728	2.1529	2.1879
March	2.6510	2.2773	2.4621
April	2.7582	2.6088	2.7024
May	2.7345	2.5695	2.6605
June	2.6223	2.5212	2.5841
July	2.6423	2.5464	2.5767
August	2.7946	2.6187	2.7553
September	2.7790	2.5843	2.6609
October	2.8646	2.5502	2.6279
November	2.5504	2.4284	2.4730
December	2.4902	2.3876	2.4335