YEARLY HIGH
96.2279 SOS
YEARLY LOW
82.9774 SOS
YEARLY AVERAGE
88.9707 SOS

2020 DKK to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 96.2279. Conversely, the yearly low was recorded on March 19, dropping to 82.9774.

This high-to-low spread represents a total annual volatility of 13.2505 SOS. From a start-to-finish perspective, comparing the January average rate of 86.2269 to the December average rate of 95.0428, the exchange rate registered a net change of 10.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 96.2279 was up 7.07% compared to the 2019 peak of 89.8756, 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 481,140 SOS
2019 Average 434,732 SOS
Yearly Trough Low 414,887 SOS
Transaction Impact: A difference of 66,252.55 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

96.0910
83.5131
JanuMarcMayJulySeptNove

DKK to SOS 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 85.8098, compared to 92.1316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3218 points.

H1 Avg (Jan–Jun) 85.8098
H2 Avg (Jul–Dec) 92.1316

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5.7691 SOS (High: 88.7465 / Low: 82.9774). On the other end, August was the most stable month, with a tight range of 1.3024 SOS (High: 92.6884 / Low: 91.3860).

March Spread (Volatile) ±5.7691
August Spread (Stable) ±1.3024

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 1.7057 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.7057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 95.0428) against the same month in 2019 (average: 86.2323), the exchange rate shifted by +8.8105 (+10.22%).

2020 Avg (December) 95.0428
2019 Avg (December) 86.2323

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 87.3123 85.5880 86.2269
February 87.0101 83.5891 85.1342
March 88.7465 82.9774 86.2670
April 85.2696 83.7135 84.5613
May 86.4912 83.9342 84.9698
June 88.6467 86.5747 87.6998
July 92.6378 87.6072 89.3651
August 92.6884 91.3860 92.0710
September 93.0801 90.6848 92.0039
October 92.6814 91.0088 91.8620
November 93.7163 90.6493 92.4446
December 96.2279 94.2558 95.0428