YEARLY HIGH
41068.9774 VEF
YEARLY LOW
35431.3049 VEF
YEARLY AVERAGE
38053.9621 VEF

2020 DKK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 41068.9774. Conversely, the yearly low was recorded on March 19, dropping to 35431.3049.

This high-to-low spread represents a total annual volatility of 5637.6725 VEF. From a start-to-finish perspective, comparing the January average rate of 36921.5091 to the December average rate of 40651.0605, the exchange rate registered a net change of 10.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 41068.9774 was up 6.80% compared to the 2019 peak of 38452.9601, 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 205,344,887 VEF
2019 Average 186,306,192 VEF
Yearly Trough Low 177,156,524 VEF
Transaction Impact: A difference of 28,188,362.50 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

41097.2191
35743.3155
JanuMarcMayJulySeptNove

DKK to VEF 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 36684.8678, compared to 39423.0564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2738.1886 points.

H1 Avg (Jan–Jun) 36684.8678
H2 Avg (Jul–Dec) 39423.0564

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2504.4077 VEF (High: 37935.7125 / Low: 35431.3049). On the other end, April was the most stable month, with a tight range of 670.4315 VEF (High: 36572.8763 / Low: 35902.4448).

March Spread (Volatile) ±2504.4077
April Spread (Stable) ±670.4315

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 621.3532 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -621.3532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 40651.0605) against the same month in 2019 (average: 36955.2670), the exchange rate shifted by +3695.7935 (+10.00%).

2020 Avg (December) 40651.0605
2019 Avg (December) 36955.2670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37314.1546 36623.7073 36921.5091
February 36895.7946 35894.2870 36308.5266
March 37935.7125 35431.3049 36810.8274
April 36572.8763 35902.4448 36189.4741
May 37056.3813 35965.7899 36366.2687
June 37891.5112 37079.4507 37512.6008
July 39629.8124 37471.5620 38240.2833
August 39868.5639 39155.9607 39478.9488
September 39800.7720 38822.9184 39356.5419
October 39607.1985 38876.6122 39283.5255
November 39971.0396 38841.3665 39527.9781
December 41068.9774 40298.4083 40651.0605