2020 DKK to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 DKK to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the DKK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 88.2181. Conversely, the yearly low was recorded on May 9, dropping to 86.8968.
This high-to-low spread represents a total annual volatility of 1.3213 XAF. From a start-to-finish perspective, comparing the January average rate of 87.7773 to the December average rate of 88.1554, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 88.2181 was up 0.27% compared to the 2019 peak of 87.9838, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
DKK to XAF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 87.8411, compared to 88.1140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2729 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was May, with a trading range of 1.1052 XAF (High: 88.0020 / Low: 86.8968). On the other end, January was the most stable month, with a tight range of 0.0390 XAF (High: 87.7994 / Low: 87.7604).
Growth Streaks & Declines
TrendsBetween May and September, 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 April and May, when the average rate fell by 0.0747 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 88.1554) against the same month in 2019 (average: 87.7931), the exchange rate shifted by +0.3623 (+0.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 87.7994 | 87.7604 | 87.7773 |
| February | 87.8345 | 87.7693 | 87.7956 |
| March | 87.9000 | 87.2805 | 87.7435 |
| April | 87.9765 | 87.8404 | 87.9076 |
| May | 88.0020 | 86.8968 | 87.8329 |
| June | 88.0240 | 87.9553 | 87.9899 |
| July | 88.1504 | 88.0115 | 88.0886 |
| August | 88.1402 | 88.0388 | 88.0925 |
| September | 88.1784 | 88.0787 | 88.1448 |
| October | 88.1580 | 87.8839 | 88.1231 |
| November | 88.1391 | 88.0191 | 88.0799 |
| December | 88.2181 | 88.1127 | 88.1554 |