YEARLY HIGH
22.6640 DKK
YEARLY LOW
19.8819 DKK
YEARLY AVERAGE
21.3185 DKK

2020 KWD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 22.6640. Conversely, the yearly low was recorded on December 29, dropping to 19.8819.

This high-to-low spread represents a total annual volatility of 2.7822 DKK. From a start-to-finish perspective, comparing the January average rate of 22.1761 to the December average rate of 20.0504, the exchange rate registered a net change of -9.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 22.6640 was up 0.46% compared to the 2019 peak of 22.5592, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113,320 DKK
2019 Average 109,749 DKK
Yearly Trough Low 99,409 DKK
Transaction Impact: A difference of 13,910.85 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

22.6717
19.8121
JanuMarcMayJulySeptNove

KWD 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 22.0238, compared to 20.6132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4106 points.

H1 Avg (Jan–Jun) 22.0238
H2 Avg (Jul–Dec) 20.6132

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1630 DKK (High: 22.5426 / Low: 21.3796). On the other end, December was the most stable month, with a tight range of 0.3279 DKK (High: 20.2098 / Low: 19.8819).

March Spread (Volatile) ±1.1630
December Spread (Stable) ±0.3279

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 0.5996 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5996

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 22.4334) against the same month in 2019 (average: 21.6589), the exchange rate shifted by +0.7745 (+3.58%).

2020 Avg (February) 22.4334
2019 Avg (February) 21.6589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.3518 21.9214 22.1761
February 22.6640 22.1444 22.4334
March 22.5426 21.3796 21.8377
April 22.2194 21.7744 22.0633
May 22.3458 21.7473 22.1159
June 21.7518 21.3253 21.5163
July 21.5482 20.5259 21.1557
August 20.7492 20.4046 20.5884
September 20.8853 20.4516 20.6380
October 20.9166 20.5321 20.6775
November 20.9327 20.3468 20.5690
December 20.2098 19.8819 20.0504