YEARLY HIGH
0.2192 SGD
YEARLY LOW
0.1994 SGD
YEARLY AVERAGE
0.2111 SGD

2020 DKK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.2192. Conversely, the yearly low was recorded on January 25, dropping to 0.1994.

This high-to-low spread represents a total annual volatility of 0.0198 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2007 to the December average rate of 0.2179, the exchange rate registered a net change of 8.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2192 was up 4.69% compared to the 2019 peak of 0.2094, 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 1,096 SGD
2019 Average 1,023 SGD
Yearly Trough Low 997 SGD
Transaction Impact: A difference of 99.00 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2196
0.1990
JanuMarcMayJulySeptNove

DKK to SGD 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 0.2065, compared to 0.2158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.2065
H2 Avg (Jul–Dec) 0.2158

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0083 SGD (High: 0.2187 / Low: 0.2104). On the other end, November was the most stable month, with a tight range of 0.0019 SGD (High: 0.2152 / Low: 0.2133).

July Spread (Volatile) ±0.0083
November Spread (Stable) ±0.0019

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 0.0025 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2179) against the same month in 2019 (average: 0.2017), the exchange rate shifted by +0.0162 (+8.02%).

2020 Avg (December) 0.2179
2019 Avg (December) 0.2017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2027 0.1994 0.2007
February 0.2056 0.2012 0.2030
March 0.2133 0.2065 0.2098
April 0.2105 0.2058 0.2073
May 0.2107 0.2053 0.2076
June 0.2126 0.2093 0.2104
July 0.2187 0.2104 0.2135
August 0.2188 0.2165 0.2175
September 0.2180 0.2147 0.2164
October 0.2165 0.2137 0.2150
November 0.2152 0.2133 0.2142
December 0.2192 0.2169 0.2179