YEARLY HIGH
1.0050 DKK
YEARLY LOW
0.9763 DKK
YEARLY AVERAGE
0.9889 DKK

2020 HRK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HRK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1.0050. Conversely, the yearly low was recorded on June 22, dropping to 0.9763.

This high-to-low spread represents a total annual volatility of 0.0287 DKK. From a start-to-finish perspective, comparing the January average rate of 1.0039 to the December average rate of 0.9867, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0050 was down 1.10% compared to the 2019 peak of 1.0162, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,025 DKK
2019 Average 5,033 DKK
Yearly Trough Low 4,882 DKK
Transaction Impact: A difference of 143.37 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0060
0.9806
JanuMarcMayJulySeptNove

HRK 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 0.9908, compared to 0.9869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.9908
H2 Avg (Jul–Dec) 0.9869

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0196 DKK (High: 0.9984 / Low: 0.9788). On the other end, October was the most stable month, with a tight range of 0.0031 DKK (High: 0.9843 / Low: 0.9812).

March Spread (Volatile) ±0.0196
October Spread (Stable) ±0.0031

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 February and March, when the average rate fell by 0.0158 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.0039) against the same month in 2019 (average: 1.0050), the exchange rate shifted by -0.0011 (-0.11%).

2020 Avg (January) 1.0039
2019 Avg (January) 1.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0050 1.0005 1.0039
February 1.0043 1.0001 1.0024
March 0.9984 0.9788 0.9865
April 0.9882 0.9785 0.9828
May 0.9911 0.9809 0.9843
June 0.9881 0.9763 0.9849
July 1.0012 0.9850 0.9890
August 1.0012 0.9861 0.9919
September 0.9890 0.9848 0.9867
October 0.9843 0.9812 0.9827
November 0.9862 0.9830 0.9846
December 0.9907 0.9846 0.9867