YEARLY HIGH
84.7660 SYP
YEARLY LOW
73.4326 SYP
YEARLY AVERAGE
78.5963 SYP

2020 DKK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 84.7660. Conversely, the yearly low was recorded on March 19, dropping to 73.4326.

This high-to-low spread represents a total annual volatility of 11.3334 SYP. From a start-to-finish perspective, comparing the January average rate of 76.5178 to the December average rate of 83.9029, the exchange rate registered a net change of 9.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 84.7660 was up 6.36% compared to the 2019 peak of 79.6969, 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 423,830 SYP
2019 Average 386,173 SYP
Yearly Trough Low 367,163 SYP
Transaction Impact: A difference of 56,667.02 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

84.8149
73.8705
JanuMarcMayJulySeptNove

DKK to SYP 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 75.9031, compared to 81.2894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.3863 points.

H1 Avg (Jan–Jun) 75.9031
H2 Avg (Jul–Dec) 81.2894

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5.2569 SYP (High: 78.6895 / Low: 73.4326). On the other end, April was the most stable month, with a tight range of 1.3665 SYP (High: 75.5107 / Low: 74.1442).

March Spread (Volatile) ±5.2569
April Spread (Stable) ±1.3665

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 1.4748 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.4748

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 83.9029) against the same month in 2019 (average: 76.5910), the exchange rate shifted by +7.3119 (+9.55%).

2020 Avg (December) 83.9029
2019 Avg (December) 76.5910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 77.3395 75.8943 76.5178
February 76.4686 74.3893 75.2521
March 78.6895 73.4326 76.2573
April 75.5107 74.1442 74.7825
May 76.6091 74.2708 75.1213
June 78.2457 76.5688 77.4878
July 81.6361 77.3613 78.9256
August 82.1023 80.6215 81.3153
September 81.8972 80.0161 81.0177
October 81.6799 80.2049 80.9985
November 82.5045 80.1240 81.5766
December 84.7660 83.1820 83.9029