YEARLY HIGH
3809.6763 VND
YEARLY LOW
3343.3541 VND
YEARLY AVERAGE
3555.7490 VND

2020 DKK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 3809.6763. Conversely, the yearly low was recorded on March 21, dropping to 3343.3541.

This high-to-low spread represents a total annual volatility of 466.3221 VND. From a start-to-finish perspective, comparing the January average rate of 3442.9172 to the December average rate of 3781.3400, the exchange rate registered a net change of 9.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3809.6763 was up 6.29% compared to the 2019 peak of 3584.0805, 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 19,048,381 VND
2019 Average 17,409,807 VND
Yearly Trough Low 16,716,771 VND
Transaction Impact: A difference of 2,331,610.74 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3820.1477
3354.4556
JanuMarcMayJulySeptNove

DKK to VND 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 3436.7744, compared to 3674.7236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 237.9491 points.

H1 Avg (Jan–Jun) 3436.7744
H2 Avg (Jul–Dec) 3674.7236

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 202.0249 VND (High: 3545.3790 / Low: 3343.3541). On the other end, April was the most stable month, with a tight range of 66.4521 VND (High: 3458.9760 / Low: 3392.5239).

March Spread (Volatile) ±202.0249
April Spread (Stable) ±66.4521

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 January and February, when the average rate fell by 49.6540 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -49.6540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 3781.3400) against the same month in 2019 (average: 3446.1095), the exchange rate shifted by +335.2305 (+9.73%).

2020 Avg (December) 3781.3400
2019 Avg (December) 3446.1095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3482.5273 3411.2918 3442.9172
February 3442.9388 3356.1274 3393.2633
March 3545.3790 3343.3541 3454.6136
April 3458.9760 3392.5239 3415.3638
May 3476.1996 3358.1988 3407.8081
June 3541.8778 3465.5153 3506.6807
July 3665.5755 3488.6694 3561.9979
August 3715.7306 3649.0864 3681.6283
September 3732.0828 3626.4839 3674.1059
October 3693.8905 3625.3160 3664.3588
November 3726.9696 3625.8233 3684.9105
December 3809.6763 3719.5265 3781.3400