YEARLY HIGH
88.2181 XAF
YEARLY LOW
86.8968 XAF
YEARLY AVERAGE
87.9776 XAF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DKK based on timing:

Yearly Peak High 441,091 XAF
2019 Average 439,171 XAF
Yearly Trough Low 434,484 XAF
Transaction Impact: A difference of 6,606.74 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

88.1966
87.7023
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 87.8411
H2 Avg (Jul–Dec) 88.1140

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±1.1052
January Spread (Stable) ±0.0390

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0747

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 88.1554
2019 Avg (December) 87.7931

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