2020 DKK to TOP Historical Review

YEARLY HIGH

0.3766 TOP

YEARLY LOW

0.3342 TOP

YEARLY AVERAGE

0.3524 TOP

2020 DKK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.3766. Conversely, the yearly low was recorded on February 18, dropping to 0.3342.

This high-to-low spread represents a total annual volatility of 0.0424 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3413 to the December average rate of 0.3736, the exchange rate registered a net change of 9.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3766 was up 7.35% compared to the 2019 peak of 0.3508, 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 1,883 TOP

2019 Average 1,717 TOP

Yearly Trough Low 1,671 TOP

Transaction Impact: A difference of 211.81 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3772

0.3342

JanuMarcMayJulySeptNove

DKK to TOP 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 0.3414, compared to 0.3634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.3414

H2 Avg (Jul–Dec) 0.3634

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0175 TOP (High: 0.3624 / Low: 0.3449). On the other end, January was the most stable month, with a tight range of 0.0046 TOP (High: 0.3440 / Low: 0.3393).

July Spread (Volatile) ±0.0175

January Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0077 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3736) against the same month in 2019 (average: 0.3420), the exchange rate shifted by +0.0316 (+9.24%).

2020 Avg (December) 0.3736

2019 Avg (December) 0.3420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3440	0.3393	0.3413
February	0.3440	0.3342	0.3385
March	0.3538	0.3412	0.3479
April	0.3446	0.3367	0.3402
May	0.3417	0.3343	0.3378
June	0.3459	0.3402	0.3428
July	0.3624	0.3449	0.3509
August	0.3665	0.3593	0.3623
September	0.3651	0.3590	0.3618
October	0.3699	0.3627	0.3658
November	0.3683	0.3636	0.3660
December	0.3766	0.3711	0.3736