YEARLY HIGH
0.4467 XCD
YEARLY LOW
0.3854 XCD
YEARLY AVERAGE
0.4139 XCD

2020 DKK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4467. Conversely, the yearly low was recorded on March 19, dropping to 0.3854.

This high-to-low spread represents a total annual volatility of 0.0613 XCD. From a start-to-finish perspective, comparing the January average rate of 0.4016 to the December average rate of 0.4421, 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 0.4467 was up 6.80% compared to the 2019 peak of 0.4182, 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 2,233 XCD
2019 Average 2,026 XCD
Yearly Trough Low 1,927 XCD
Transaction Impact: A difference of 306.58 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4470
0.3887
JanuMarcMayJulySeptNove

DKK to XCD 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 0.3990, compared to 0.4288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0298 points.

H1 Avg (Jan–Jun) 0.3990
H2 Avg (Jul–Dec) 0.4288

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0272 XCD (High: 0.4126 / Low: 0.3854). On the other end, April was the most stable month, with a tight range of 0.0073 XCD (High: 0.3978 / Low: 0.3905).

March Spread (Volatile) ±0.0272
April Spread (Stable) ±0.0073

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 0.0068 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4421) against the same month in 2019 (average: 0.4019), the exchange rate shifted by +0.0402 (+10.00%).

2020 Avg (December) 0.4421
2019 Avg (December) 0.4019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4058 0.3983 0.4016
February 0.4013 0.3904 0.3949
March 0.4126 0.3854 0.4004
April 0.3978 0.3905 0.3936
May 0.4030 0.3912 0.3955
June 0.4121 0.4033 0.4080
July 0.4310 0.4075 0.4159
August 0.4336 0.4259 0.4294
September 0.4329 0.4222 0.4280
October 0.4308 0.4228 0.4272
November 0.4347 0.4224 0.4299
December 0.4467 0.4383 0.4421