YEARLY HIGH
3.5047 SCR
YEARLY LOW
1.8783 SCR
YEARLY AVERAGE
2.6389 SCR

2020 DKK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 3.5047. Conversely, the yearly low was recorded on March 16, dropping to 1.8783.

This high-to-low spread represents a total annual volatility of 1.6264 SCR. From a start-to-finish perspective, comparing the January average rate of 2.0301 to the December average rate of 3.4675, the exchange rate registered a net change of 70.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.5047 was up 65.93% compared to the 2019 peak of 2.1121, 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 17,523 SCR
2019 Average 10,254 SCR
Yearly Trough Low 9,391 SCR
Transaction Impact: A difference of 8,132.05 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.6146
1.8495
JanuMarcMayJulySeptNove

DKK to SCR 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 2.2726, compared to 3.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7326 points.

H1 Avg (Jan–Jun) 2.2726
H2 Avg (Jul–Dec) 3.0052

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.5730 SCR (High: 2.5716 / Low: 1.9986). On the other end, September was the most stable month, with a tight range of 0.0575 SCR (High: 2.8653 / Low: 2.8077).

April Spread (Volatile) ±0.5730
September Spread (Stable) ±0.0575

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0335 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 3.4675) against the same month in 2019 (average: 2.0375), the exchange rate shifted by +1.4300 (+70.19%).

2020 Avg (December) 3.4675
2019 Avg (December) 2.0375

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0652 1.9159 2.0301
February 2.0282 1.9603 1.9966
March 2.1045 1.8783 2.0245
April 2.5716 1.9986 2.3850
May 2.6280 2.3350 2.5465
June 2.6974 2.5424 2.6528
July 2.8381 2.6571 2.7176
August 2.9613 2.8097 2.8383
September 2.8653 2.8077 2.8432
October 3.0727 2.8300 2.9235
November 3.3428 3.0204 3.2410
December 3.5047 3.3748 3.4675