YEARLY HIGH
0.6018 QAR
YEARLY LOW
0.5191 QAR
YEARLY AVERAGE
0.5576 QAR

2020 DKK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.6018. Conversely, the yearly low was recorded on March 19, dropping to 0.5191.

This high-to-low spread represents a total annual volatility of 0.0827 QAR. From a start-to-finish perspective, comparing the January average rate of 0.5410 to the December average rate of 0.5958, the exchange rate registered a net change of 10.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6018 was up 6.81% compared to the 2019 peak of 0.5634, 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 3,009 QAR
2019 Average 2,730 QAR
Yearly Trough Low 2,596 QAR
Transaction Impact: A difference of 413.42 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6023
0.5237
JanuMarcMayJulySeptNove

DKK to QAR 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 0.5375, compared to 0.5777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0401 points.

H1 Avg (Jan–Jun) 0.5375
H2 Avg (Jul–Dec) 0.5777

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0367 QAR (High: 0.5559 / Low: 0.5191). On the other end, April was the most stable month, with a tight range of 0.0099 QAR (High: 0.5359 / Low: 0.5260).

March Spread (Volatile) ±0.0367
April Spread (Stable) ±0.0099

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 0.0091 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5958) against the same month in 2019 (average: 0.5415), the exchange rate shifted by +0.0543 (+10.03%).

2020 Avg (December) 0.5958
2019 Avg (December) 0.5415

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5468 0.5366 0.5410
February 0.5406 0.5259 0.5320
March 0.5559 0.5191 0.5393
April 0.5359 0.5260 0.5303
May 0.5436 0.5270 0.5330
June 0.5552 0.5433 0.5497
July 0.5807 0.5491 0.5603
August 0.5842 0.5738 0.5786
September 0.5831 0.5689 0.5767
October 0.5803 0.5696 0.5756
November 0.5857 0.5691 0.5792
December 0.6018 0.5905 0.5958