YEARLY HIGH
19.4694 NPR
YEARLY LOW
16.5296 NPR
YEARLY AVERAGE
18.1472 NPR

2020 DKK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 19.4694. Conversely, the yearly low was recorded on February 17, dropping to 16.5296.

This high-to-low spread represents a total annual volatility of 2.9398 NPR. From a start-to-finish perspective, comparing the January average rate of 16.9344 to the December average rate of 19.2718, the exchange rate registered a net change of 13.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.4694 was up 10.77% compared to the 2019 peak of 17.5759, 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 97,347 NPR
2019 Average 84,398 NPR
Yearly Trough Low 82,648 NPR
Transaction Impact: A difference of 14,699.19 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.5283
16.4500
JanuMarcMayJulySeptNove

DKK to NPR 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 17.4986, compared to 18.7958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2972 points.

H1 Avg (Jan–Jun) 17.4986
H2 Avg (Jul–Dec) 18.7958

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 1.0458 NPR (High: 19.0736 / Low: 18.0278). On the other end, September was the most stable month, with a tight range of 0.3313 NPR (High: 18.7488 / Low: 18.4175).

July Spread (Volatile) ±1.0458
September Spread (Stable) ±0.3313

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.3510 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 19.2718) against the same month in 2019 (average: 16.9362), the exchange rate shifted by +2.3355 (+13.79%).

2020 Avg (December) 19.2718
2019 Avg (December) 16.9362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.2393 16.8035 16.9344
February 17.0499 16.5296 16.7065
March 18.0786 17.0824 17.6141
April 17.9335 17.5512 17.7413
May 18.0302 17.4876 17.7025
June 18.5246 18.0231 18.2929
July 19.0736 18.0278 18.4504
August 19.1144 18.7501 18.9526
September 18.7488 18.4175 18.6016
October 18.7872 18.4453 18.6008
November 19.0533 18.6192 18.8976
December 19.4694 19.1088 19.2718