YEARLY HIGH
603.1835 UGX
YEARLY LOW
530.3600 UGX
YEARLY AVERAGE
569.0423 UGX

2020 DKK to UGX Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 603.1835. Conversely, the yearly low was recorded on February 19, dropping to 530.3600.

This high-to-low spread represents a total annual volatility of 72.8236 UGX. From a start-to-finish perspective, comparing the January average rate of 546.5681 to the December average rate of 599.5940, the exchange rate registered a net change of 9.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 603.1835 was up 4.46% compared to the 2019 peak of 577.4088, 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 3,015,918 UGX
2019 Average 2,777,557 UGX
Yearly Trough Low 2,651,800 UGX
Transaction Impact: A difference of 364,117.82 UGX purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

605.8264
531.0379
JanuMarcMayJulySeptNove

DKK to UGX 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 551.8709, compared to 586.2138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.3429 points.

H1 Avg (Jan–Jun) 551.8709
H2 Avg (Jul–Dec) 586.2138

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 32.0799 UGX (High: 576.0617 / Low: 543.9818). On the other end, December was the most stable month, with a tight range of 6.0951 UGX (High: 603.1835 / Low: 597.0884).

March Spread (Volatile) ±32.0799
December Spread (Stable) ±6.0951

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 January and February, when the average rate fell by 9.2978 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -9.2978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 599.5940) against the same month in 2019 (average: 546.4760), the exchange rate shifted by +53.1181 (+9.72%).

2020 Avg (December) 599.5940
2019 Avg (December) 546.4760

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 555.9937 542.2554 546.5681
February 547.2921 530.3600 537.2703
March 576.0617 543.9818 557.8356
April 557.4468 544.6481 550.7552
May 563.4299 549.2043 554.6756
June 572.7073 558.1767 564.1207
July 587.7644 560.5480 569.9291
August 588.8570 578.5078 584.1762
September 590.6957 578.6321 585.5117
October 595.9345 582.2990 587.8206
November 595.9251 583.8827 590.2510
December 603.1835 597.0884 599.5940