YEARLY HIGH
15.8720 RSD
YEARLY LOW
15.7030 RSD
YEARLY AVERAGE
15.7753 RSD

2020 DKK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 15.8720. Conversely, the yearly low was recorded on February 18, dropping to 15.7030.

This high-to-low spread represents a total annual volatility of 0.1689 RSD. From a start-to-finish perspective, comparing the January average rate of 15.7325 to the December average rate of 15.8037, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.8720 was down 0.60% compared to the 2019 peak of 15.9682, 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 79,360 RSD
2019 Average 78,902 RSD
Yearly Trough Low 78,515 RSD
Transaction Impact: A difference of 844.74 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.8109
15.7254
JanuMarcMayJulySeptNove

DKK to RSD 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 15.7530, compared to 15.7975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0444 points.

H1 Avg (Jan–Jun) 15.7530
H2 Avg (Jul–Dec) 15.7975

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1553 RSD (High: 15.8720 / Low: 15.7167). On the other end, September was the most stable month, with a tight range of 0.0218 RSD (High: 15.8124 / Low: 15.7907).

March Spread (Volatile) ±0.1553
September Spread (Stable) ±0.0218

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0098 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 15.7487) against the same month in 2019 (average: 15.8103), the exchange rate shifted by -0.0616 (-0.39%).

2020 Avg (March) 15.7487
2019 Avg (March) 15.8103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.7769 15.7171 15.7325
February 15.8033 15.7030 15.7373
March 15.8720 15.7167 15.7487
April 15.7781 15.7379 15.7567
May 15.8110 15.7568 15.7716
June 15.7985 15.7607 15.7713
July 15.8182 15.7782 15.7954
August 15.8626 15.7787 15.7975
September 15.8124 15.7907 15.8007
October 15.8099 15.7782 15.7987
November 15.8050 15.7629 15.7889
December 15.8371 15.7497 15.8037