YEARLY HIGH
0.0967 DKK
YEARLY LOW
0.0822 DKK
YEARLY AVERAGE
0.0883 DKK

2020 INR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the INR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0967. Conversely, the yearly low was recorded on December 21, dropping to 0.0822.

This high-to-low spread represents a total annual volatility of 0.0144 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0944 to the December average rate of 0.0830, the exchange rate registered a net change of -12.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0967 was down 1.08% compared to the 2019 peak of 0.0977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 24,171 DKK
2019 Average 23,686 DKK
Yearly Trough Low 20,559 DKK
Transaction Impact: A difference of 3,612.34 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0969
0.0817
JanuMarcMayJulySeptNove

INR 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 0.0914, compared to 0.0851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0914
H2 Avg (Jul–Dec) 0.0851

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0057 DKK (High: 0.0937 / Low: 0.0880). On the other end, September was the most stable month, with a tight range of 0.0015 DKK (High: 0.0868 / Low: 0.0853).

March Spread (Volatile) ±0.0057
September Spread (Stable) ±0.0015

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 February and March, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0956) against the same month in 2019 (average: 0.0924), the exchange rate shifted by +0.0033 (+3.53%).

2020 Avg (February) 0.0956
2019 Avg (February) 0.0924

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0952 0.0930 0.0944
February 0.0967 0.0939 0.0956
March 0.0937 0.0880 0.0906
April 0.0911 0.0890 0.0901
May 0.0914 0.0888 0.0903
June 0.0888 0.0866 0.0874
July 0.0887 0.0838 0.0868
August 0.0855 0.0836 0.0844
September 0.0868 0.0853 0.0859
October 0.0867 0.0850 0.0860
November 0.0859 0.0841 0.0847
December 0.0839 0.0822 0.0830