YEARLY HIGH
0.0227 DKK
YEARLY LOW
0.0202 DKK
YEARLY AVERAGE
0.0212 DKK

2020 HUF to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0227. Conversely, the yearly low was recorded on October 28, dropping to 0.0202.

This high-to-low spread represents a total annual volatility of 0.0025 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0224 to the December average rate of 0.0207, the exchange rate registered a net change of -7.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0227 was down 4.70% compared to the 2019 peak of 0.0238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 22,712 DKK
2019 Average 22,959 DKK
Yearly Trough Low 20,206 DKK
Transaction Impact: A difference of 2,506.03 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0226
0.0204
JanuMarcMayJulySeptNove

HUF 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 0.0216, compared to 0.0209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0216
H2 Avg (Jul–Dec) 0.0209

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0016 DKK (High: 0.0223 / Low: 0.0207). On the other end, February was the most stable month, with a tight range of 0.0003 DKK (High: 0.0223 / Low: 0.0220).

March Spread (Volatile) ±0.0016
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0224) against the same month in 2019 (average: 0.0234), the exchange rate shifted by -0.0010 (-4.24%).

2020 Avg (January) 0.0224
2019 Avg (January) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0227 0.0221 0.0224
February 0.0223 0.0220 0.0221
March 0.0223 0.0207 0.0216
April 0.0212 0.0204 0.0209
May 0.0215 0.0210 0.0212
June 0.0217 0.0209 0.0214
July 0.0216 0.0209 0.0212
August 0.0216 0.0209 0.0214
September 0.0209 0.0203 0.0206
October 0.0209 0.0202 0.0205
November 0.0210 0.0203 0.0207
December 0.0210 0.0204 0.0207