YEARLY HIGH
0.9185 DKK
YEARLY LOW
0.7762 DKK
YEARLY AVERAGE
0.8472 DKK

2020 GTQ to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.9185. Conversely, the yearly low was recorded on December 30, dropping to 0.7762.

This high-to-low spread represents a total annual volatility of 0.1423 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8743 to the December average rate of 0.7832, the exchange rate registered a net change of -10.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9185 was up 3.33% compared to the 2019 peak of 0.8889, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,593 DKK
2019 Average 4,332 DKK
Yearly Trough Low 3,881 DKK
Transaction Impact: A difference of 711.70 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9067
0.7719
JanuMarcMayJulySeptNove

GTQ 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 0.8812, compared to 0.8131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0681 points.

H1 Avg (Jan–Jun) 0.8812
H2 Avg (Jul–Dec) 0.8131

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0668 DKK (High: 0.9185 / Low: 0.8517). On the other end, October was the most stable month, with a tight range of 0.0135 DKK (High: 0.8198 / Low: 0.8063).

March Spread (Volatile) ±0.0668
October Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0273 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8782) against the same month in 2019 (average: 0.8587), the exchange rate shifted by +0.0195 (+2.27%).

2020 Avg (March) 0.8782
2019 Avg (March) 0.8587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8853 0.8599 0.8743
February 0.9067 0.8787 0.8955
March 0.9185 0.8517 0.8782
April 0.8968 0.8819 0.8907
May 0.8965 0.8724 0.8877
June 0.8715 0.8530 0.8609
July 0.8611 0.8144 0.8444
August 0.8240 0.8084 0.8171
September 0.8231 0.8073 0.8140
October 0.8198 0.8063 0.8129
November 0.8205 0.7955 0.8070
December 0.7898 0.7762 0.7832