YEARLY HIGH
0.0636 OMR
YEARLY LOW
0.0549 OMR
YEARLY AVERAGE
0.0590 OMR

2020 DKK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0636. Conversely, the yearly low was recorded on March 19, dropping to 0.0549.

This high-to-low spread represents a total annual volatility of 0.0087 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0572 to the December average rate of 0.0630, the exchange rate registered a net change of 10.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0636 was up 6.81% compared to the 2019 peak of 0.0596, 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 318 OMR
2019 Average 289 OMR
Yearly Trough Low 274 OMR
Transaction Impact: A difference of 43.73 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0637
0.0554
JanuMarcMayJulySeptNove

DKK to OMR 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 0.0568, compared to 0.0611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0568
H2 Avg (Jul–Dec) 0.0611

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0039 OMR (High: 0.0588 / Low: 0.0549). On the other end, April was the most stable month, with a tight range of 0.0010 OMR (High: 0.0567 / Low: 0.0556).

March Spread (Volatile) ±0.0039
April Spread (Stable) ±0.0010

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 January and February, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0630) against the same month in 2019 (average: 0.0573), the exchange rate shifted by +0.0057 (+9.99%).

2020 Avg (December) 0.0630
2019 Avg (December) 0.0573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0578 0.0567 0.0572
February 0.0572 0.0556 0.0563
March 0.0588 0.0549 0.0570
April 0.0567 0.0556 0.0561
May 0.0574 0.0557 0.0563
June 0.0587 0.0574 0.0581
July 0.0614 0.0581 0.0592
August 0.0618 0.0607 0.0612
September 0.0617 0.0602 0.0610
October 0.0614 0.0602 0.0609
November 0.0619 0.0601 0.0612
December 0.0636 0.0624 0.0630