YEARLY HIGH
0.4229 WST
YEARLY LOW
0.3854 WST
YEARLY AVERAGE
0.4073 WST

2020 DKK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.4229. Conversely, the yearly low was recorded on February 18, dropping to 0.3854.

This high-to-low spread represents a total annual volatility of 0.0375 WST. From a start-to-finish perspective, comparing the January average rate of 0.3910 to the December average rate of 0.4172, the exchange rate registered a net change of 6.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4229 was up 5.02% compared to the 2019 peak of 0.4027, 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 2,114 WST
2019 Average 1,971 WST
Yearly Trough Low 1,927 WST
Transaction Impact: A difference of 187.37 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4199
0.3884
JanuMarcMayJulySeptNove

DKK to WST 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 0.4003, compared to 0.4143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.4003
H2 Avg (Jul–Dec) 0.4143

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0186 WST (High: 0.4117 / Low: 0.3932). On the other end, December was the most stable month, with a tight range of 0.0057 WST (High: 0.4194 / Low: 0.4138).

March Spread (Volatile) ±0.0186
December Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0031 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.4162) against the same month in 2019 (average: 0.3925), the exchange rate shifted by +0.0236 (+6.02%).

2020 Avg (October) 0.4162
2019 Avg (October) 0.3925

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3943 0.3878 0.3910
February 0.3987 0.3854 0.3911
March 0.4117 0.3932 0.4026
April 0.4103 0.3995 0.4045
May 0.4124 0.3997 0.4046
June 0.4173 0.4009 0.4078
July 0.4169 0.3988 0.4082
August 0.4219 0.4115 0.4163
September 0.4185 0.4085 0.4146
October 0.4229 0.4089 0.4162
November 0.4177 0.4092 0.4131
December 0.4194 0.4138 0.4172