YEARLY HIGH
383.2896 TZS
YEARLY LOW
328.6681 TZS
YEARLY AVERAGE
354.5551 TZS

2020 DKK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 383.2896. Conversely, the yearly low was recorded on March 19, dropping to 328.6681.

This high-to-low spread represents a total annual volatility of 54.6215 TZS. From a start-to-finish perspective, comparing the January average rate of 342.3163 to the December average rate of 379.4036, the exchange rate registered a net change of 10.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 383.2896 was up 6.73% compared to the 2019 peak of 359.1209, 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 1,916,448 TZS
2019 Average 1,729,794 TZS
Yearly Trough Low 1,643,340 TZS
Transaction Impact: A difference of 273,107.69 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

383.6578
332.6067
JanuMarcMayJulySeptNove

DKK to TZS 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 341.0104, compared to 368.0999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.0895 points.

H1 Avg (Jan–Jun) 341.0104
H2 Avg (Jul–Dec) 368.0999

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 23.1525 TZS (High: 351.8206 / Low: 328.6681). On the other end, August was the most stable month, with a tight range of 5.2787 TZS (High: 371.7370 / Low: 366.4583).

March Spread (Volatile) ±23.1525
August Spread (Stable) ±5.2787

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 January and February, when the average rate fell by 4.9075 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.9075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 379.4036) against the same month in 2019 (average: 341.8065), the exchange rate shifted by +37.5970 (+11.00%).

2020 Avg (December) 379.4036
2019 Avg (December) 341.8065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 346.1245 339.6789 342.3163
February 342.7990 333.7795 337.4088
March 351.8206 328.6681 341.4044
April 340.4200 334.2306 336.8610
May 344.9174 335.0432 338.4856
June 352.8891 345.1732 349.5864
July 370.7430 349.7017 357.1281
August 371.7370 366.4583 368.9958
September 371.4363 362.4694 367.4616
October 369.6324 362.7537 366.7275
November 373.0196 362.3290 368.8827
December 383.2896 376.1748 379.4036