YEARLY HIGH
3.1560 DKK
YEARLY LOW
2.8842 DKK
YEARLY AVERAGE
3.0155 DKK

2020 FJD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 3.1560. Conversely, the yearly low was recorded on March 28, dropping to 2.8842.

This high-to-low spread represents a total annual volatility of 0.2718 DKK. From a start-to-finish perspective, comparing the January average rate of 3.1071 to the December average rate of 2.9721, the exchange rate registered a net change of -4.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.1560 was down 14.25% compared to the 2019 peak of 3.6804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,780 DKK
2019 Average 15,476 DKK
Yearly Trough Low 14,421 DKK
Transaction Impact: A difference of 1,358.90 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.1231
2.9431
JanuMarcMayJulySeptNove

FJD to DKK 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 3.0500, compared to 2.9809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0690 points.

H1 Avg (Jan–Jun) 3.0500
H2 Avg (Jul–Dec) 2.9809

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1653 DKK (High: 3.0495 / Low: 2.8842). On the other end, December was the most stable month, with a tight range of 0.0337 DKK (High: 2.9926 / Low: 2.9588).

March Spread (Volatile) ±0.1653
December Spread (Stable) ±0.0337

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1375 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 3.1081) against the same month in 2019 (average: 3.0985), the exchange rate shifted by +0.0095 (+0.31%).

2020 Avg (February) 3.1081
2019 Avg (February) 3.0985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.1277 3.0812 3.1071
February 3.1560 3.0556 3.1081
March 3.0495 2.8842 2.9706
April 3.0703 2.9695 3.0214
May 3.0734 3.0216 3.0506
June 3.0664 3.0030 3.0419
July 3.0744 2.9557 3.0269
August 2.9842 2.9361 2.9581
September 3.0004 2.9500 2.9729
October 2.9893 2.9360 2.9653
November 3.0087 2.9278 2.9903
December 2.9926 2.9588 2.9721