2020 DKK to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |