YEARLY HIGH
0.0381 DKK
YEARLY LOW
0.0321 DKK
YEARLY AVERAGE
0.0353 DKK

2020 LKR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0381. Conversely, the yearly low was recorded on December 23, dropping to 0.0321.

This high-to-low spread represents a total annual volatility of 0.0060 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0371 to the December average rate of 0.0327, the exchange rate registered a net change of -11.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0381 was down 0.45% compared to the 2019 peak of 0.0383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191 DKK
2019 Average 187 DKK
Yearly Trough Low 160 DKK
Transaction Impact: A difference of 30.21 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0382
0.0322
JanuMarcMayJulySeptNove

LKR 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 0.0365, compared to 0.0340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0365
H2 Avg (Jul–Dec) 0.0340

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0020 DKK (High: 0.0376 / Low: 0.0356). On the other end, October was the most stable month, with a tight range of 0.0006 DKK (High: 0.0347 / Low: 0.0340).

March Spread (Volatile) ±0.0020
October Spread (Stable) ±0.0006

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 November and December, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0377) against the same month in 2019 (average: 0.0368), the exchange rate shifted by +0.0009 (+2.35%).

2020 Avg (February) 0.0377
2019 Avg (February) 0.0368

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0374 0.0365 0.0371
February 0.0381 0.0371 0.0377
March 0.0376 0.0356 0.0365
April 0.0363 0.0355 0.0358
May 0.0369 0.0357 0.0365
June 0.0360 0.0353 0.0356
July 0.0356 0.0338 0.0350
August 0.0345 0.0335 0.0340
September 0.0345 0.0336 0.0341
October 0.0347 0.0340 0.0343
November 0.0347 0.0336 0.0340
December 0.0332 0.0321 0.0327