YEARLY HIGH
2.3393 SRD
YEARLY LOW
1.0634 SRD
YEARLY AVERAGE
1.4367 SRD

2020 DKK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.3393. Conversely, the yearly low was recorded on March 19, dropping to 1.0634.

This high-to-low spread represents a total annual volatility of 1.2759 SRD. From a start-to-finish perspective, comparing the January average rate of 1.1081 to the December average rate of 2.3155, the exchange rate registered a net change of 108.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3393 was up 102.69% compared to the 2019 peak of 1.1541, 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 11,697 SRD
2019 Average 5,592 SRD
Yearly Trough Low 5,317 SRD
Transaction Impact: A difference of 6,379.46 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4384
0.9632
JanuMarcMayJulySeptNove

DKK to SRD 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 1.1010, compared to 1.7723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6712 points.

H1 Avg (Jan–Jun) 1.1010
H2 Avg (Jul–Dec) 1.7723

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 1.0528 SRD (High: 2.2319 / Low: 1.1791). On the other end, April was the most stable month, with a tight range of 0.0201 SRD (High: 1.0977 / Low: 1.0776).

September Spread (Volatile) ±1.0528
April Spread (Stable) ±0.0201

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0186 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.3155) against the same month in 2019 (average: 1.1092), the exchange rate shifted by +1.2063 (+108.76%).

2020 Avg (December) 2.3155
2019 Avg (December) 1.1092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1199 1.0992 1.1081
February 1.1074 1.0773 1.0897
March 1.1386 1.0634 1.1048
April 1.0977 1.0776 1.0862
May 1.1122 1.0795 1.0915
June 1.1373 1.1129 1.1259
July 1.1894 1.1247 1.1477
August 1.1966 1.1752 1.1849
September 2.2319 1.1791 1.4963
October 2.2560 2.2144 2.2376
November 2.2768 2.2124 2.2515
December 2.3393 2.2954 2.3155