2020 DKK to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 DKK to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the DKK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 163.3927. Conversely, the yearly low was recorded on March 21, dropping to 134.2662.
This high-to-low spread represents a total annual volatility of 29.1265 RWF. From a start-to-finish perspective, comparing the January average rate of 140.1925 to the December average rate of 161.5706, the exchange rate registered a net change of 15.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 163.3927 was up 15.47% compared to the 2019 peak of 141.5071, 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 RWF 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 139.3338, compared to 154.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.6732 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 10.6721 RWF (High: 144.9383 / Low: 134.2662). On the other end, December was the most stable month, with a tight range of 3.5647 RWF (High: 163.3927 / Low: 159.8280).
Growth Streaks & Declines
TrendsBetween 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 2.6330 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 161.5706) against the same month in 2019 (average: 138.9841), the exchange rate shifted by +22.5865 (+16.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 143.0997 | 137.9083 | 140.1925 |
| February | 140.9417 | 134.8256 | 137.5595 |
| March | 144.9383 | 134.2662 | 139.9486 |
| April | 139.2581 | 135.5092 | 137.3979 |
| May | 141.0703 | 135.1265 | 137.5858 |
| June | 145.4019 | 141.4766 | 143.3185 |
| July | 152.5057 | 143.1650 | 146.7911 |
| August | 154.9484 | 150.3141 | 152.8831 |
| September | 154.8493 | 149.3624 | 152.4495 |
| October | 155.5799 | 150.3369 | 153.8553 |
| November | 159.0356 | 152.5265 | 156.4924 |
| December | 163.3927 | 159.8280 | 161.5706 |