2020 DKK to TRY Historical Review

YEARLY HIGH

1.3584 TRY

YEARLY LOW

0.8728 TRY

YEARLY AVERAGE

1.0784 TRY

2020 DKK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 1.3584. Conversely, the yearly low was recorded on January 16, dropping to 0.8728.

This high-to-low spread represents a total annual volatility of 0.4856 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8804 to the December average rate of 1.2600, the exchange rate registered a net change of 43.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3584 was up 46.74% compared to the 2019 peak of 0.9257, 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 6,792 TRY

2019 Average 4,260 TRY

Yearly Trough Low 4,364 TRY

Transaction Impact: A difference of 2,428.11 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3057

0.8417

JanuMarcMayJulySeptNove

DKK to TRY 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 0.9578, compared to 1.1989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2410 points.

H1 Avg (Jan–Jun) 0.9578

H2 Avg (Jul–Dec) 1.1989

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1571 TRY (High: 1.3584 / Low: 1.2013). On the other end, January was the most stable month, with a tight range of 0.0216 TRY (High: 0.8943 / Low: 0.8728).

November Spread (Volatile) ±0.1571

January Spread (Stable) ±0.0216

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0070 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.2670) against the same month in 2019 (average: 0.8490), the exchange rate shifted by +0.4180 (+49.24%).

2020 Avg (November) 1.2670

2019 Avg (November) 0.8490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8943	0.8728	0.8804
February	0.9213	0.8764	0.8864
March	0.9769	0.9064	0.9399
April	1.0254	0.9637	0.9978
May	1.0421	0.9913	1.0134
June	1.0397	1.0063	1.0292
July	1.1126	1.0334	1.0575
August	1.1831	1.0993	1.1565
September	1.2331	1.1739	1.1955
October	1.3059	1.2221	1.2568
November	1.3584	1.2013	1.2670
December	1.2873	1.2174	1.2600