YEARLY HIGH
0.0058 DKK
YEARLY LOW
0.0052 DKK
YEARLY AVERAGE
0.0055 DKK

2020 KRW to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0058. Conversely, the yearly low was recorded on August 31, dropping to 0.0052.

This high-to-low spread represents a total annual volatility of 0.0006 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0056, the exchange rate registered a net change of -3.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0058 was down 1.03% compared to the 2019 peak of 0.0059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,142 DKK
2019 Average 28,631 DKK
Yearly Trough Low 26,245 DKK
Transaction Impact: A difference of 2,897.32 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0058
0.0053
JanuMarcMayJulySeptNove

KRW 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 0.0056, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0003 DKK (High: 0.0055 / Low: 0.0053). On the other end, November was the most stable month, with a tight range of 0.0001 DKK (High: 0.0057 / Low: 0.0056).

July Spread (Volatile) ±0.0003
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0057) against the same month in 2019 (average: 0.0059), the exchange rate shifted by -0.0001 (-2.17%).

2020 Avg (February) 0.0057
2019 Avg (February) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0056 0.0058
February 0.0058 0.0056 0.0057
March 0.0057 0.0054 0.0056
April 0.0057 0.0055 0.0056
May 0.0056 0.0054 0.0056
June 0.0055 0.0054 0.0055
July 0.0055 0.0053 0.0054
August 0.0054 0.0052 0.0053
September 0.0055 0.0053 0.0054
October 0.0056 0.0054 0.0055
November 0.0057 0.0056 0.0056
December 0.0057 0.0055 0.0056