2020 DKK to ZAR Historical Review

YEARLY HIGH

2.7960 ZAR

YEARLY LOW

2.1037 ZAR

YEARLY AVERAGE

2.5193 ZAR

2020 DKK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 2.7960. Conversely, the yearly low was recorded on January 1, dropping to 2.1037.

This high-to-low spread represents a total annual volatility of 0.6923 ZAR. From a start-to-finish perspective, comparing the January average rate of 2.1405 to the December average rate of 2.4326, the exchange rate registered a net change of 13.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7960 was up 21.40% compared to the 2019 peak of 2.3031, 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 13,980 ZAR

2019 Average 10,831 ZAR

Yearly Trough Low 10,519 ZAR

Transaction Impact: A difference of 3,461.48 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.7954

2.0809

JanuMarcMayJulySeptNove

DKK to ZAR 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 2.4612, compared to 2.5773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1162 points.

H1 Avg (Jan–Jun) 2.4612

H2 Avg (Jul–Dec) 2.5773

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3979 ZAR (High: 2.6733 / Low: 2.2754). On the other end, October was the most stable month, with a tight range of 0.0953 ZAR (High: 2.6375 / Low: 2.5422).

March Spread (Volatile) ±0.3979

October Spread (Stable) ±0.0953

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.1295 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 2.7358) against the same month in 2019 (average: 2.2637), the exchange rate shifted by +0.4721 (+20.86%).

2020 Avg (August) 2.7358

2019 Avg (August) 2.2637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2282	2.1037	2.1405
February	2.3126	2.1617	2.1998
March	2.6733	2.2754	2.4721
April	2.7884	2.6407	2.7123
May	2.7792	2.5606	2.6577
June	2.6296	2.5199	2.5847
July	2.6992	2.5426	2.5800
August	2.7960	2.6511	2.7358
September	2.6867	2.5744	2.6484
October	2.6375	2.5422	2.5984
November	2.5452	2.4228	2.4689
December	2.4882	2.3901	2.4326