YEARLY HIGH
0.0650 DKK
YEARLY LOW
0.0586 DKK
YEARLY AVERAGE
0.0612 DKK

2020 JPY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JPY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0650. Conversely, the yearly low was recorded on December 29, dropping to 0.0586.

This high-to-low spread represents a total annual volatility of 0.0064 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0616 to the December average rate of 0.0589, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0650 was up 1.31% compared to the 2019 peak of 0.0642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 32,523 DKK
2019 Average 30,603 DKK
Yearly Trough Low 29,317 DKK
Transaction Impact: A difference of 3,206.06 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0642
0.0584
JanuMarcMayJulySeptNove

JPY 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 0.0626, compared to 0.0599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0626
H2 Avg (Jul–Dec) 0.0599

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0028 DKK (High: 0.0650 / Low: 0.0623). On the other end, December was the most stable month, with a tight range of 0.0005 DKK (High: 0.0591 / Low: 0.0586).

May Spread (Volatile) ±0.0028
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.0637) against the same month in 2019 (average: 0.0607), the exchange rate shifted by +0.0030 (+5.01%).

2020 Avg (May) 0.0637
2019 Avg (May) 0.0607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0623 0.0609 0.0616
February 0.0630 0.0617 0.0623
March 0.0638 0.0618 0.0627
April 0.0645 0.0629 0.0637
May 0.0650 0.0623 0.0637
June 0.0624 0.0601 0.0615
July 0.0617 0.0597 0.0609
August 0.0598 0.0588 0.0594
September 0.0606 0.0590 0.0598
October 0.0611 0.0596 0.0601
November 0.0612 0.0597 0.0603
December 0.0591 0.0586 0.0589