YEARLY HIGH
0.0337 DKK
YEARLY LOW
0.0289 DKK
YEARLY AVERAGE
0.0313 DKK

2020 GYD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GYD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0337. Conversely, the yearly low was recorded on December 30, dropping to 0.0289.

This high-to-low spread represents a total annual volatility of 0.0048 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0322 to the December average rate of 0.0292, the exchange rate registered a net change of -9.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0337 was up 2.73% compared to the 2019 peak of 0.0328, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168 DKK
2019 Average 160 DKK
Yearly Trough Low 145 DKK
Transaction Impact: A difference of 23.82 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0332
0.0288
JanuMarcMayJulySeptNove

GYD 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 0.0324, compared to 0.0301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0324
H2 Avg (Jul–Dec) 0.0301

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0024 DKK (High: 0.0337 / Low: 0.0312). On the other end, August was the most stable month, with a tight range of 0.0005 DKK (High: 0.0303 / Low: 0.0298).

March Spread (Volatile) ±0.0024
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0323) against the same month in 2019 (average: 0.0316), the exchange rate shifted by +0.0007 (+2.16%).

2020 Avg (March) 0.0323
2019 Avg (March) 0.0316

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0326 0.0317 0.0322
February 0.0331 0.0323 0.0328
March 0.0337 0.0312 0.0323
April 0.0331 0.0325 0.0328
May 0.0330 0.0321 0.0327
June 0.0321 0.0313 0.0317
July 0.0317 0.0300 0.0311
August 0.0303 0.0298 0.0301
September 0.0306 0.0299 0.0302
October 0.0305 0.0300 0.0302
November 0.0306 0.0297 0.0301
December 0.0295 0.0289 0.0292