YEARLY HIGH
0.0403 DKK
YEARLY LOW
0.0313 DKK
YEARLY AVERAGE
0.0342 DKK

2020 LRD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LRD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0403. Conversely, the yearly low was recorded on August 18, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0090 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0352 to the December average rate of 0.0379, the exchange rate registered a net change of 7.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0403 was down 3.82% compared to the 2019 peak of 0.0419, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202 DKK
2019 Average 181 DKK
Yearly Trough Low 156 DKK
Transaction Impact: A difference of 45.18 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0386
0.0309
JanuMarcMayJulySeptNove

LRD 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 0.0344, compared to 0.0341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0344
H2 Avg (Jul–Dec) 0.0341

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0054 DKK (High: 0.0403 / Low: 0.0349). On the other end, August was the most stable month, with a tight range of 0.0006 DKK (High: 0.0318 / Low: 0.0313).

November Spread (Volatile) ±0.0054
August Spread (Stable) ±0.0006

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 May and June, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0380) against the same month in 2019 (average: 0.0337), the exchange rate shifted by +0.0043 (+12.70%).

2020 Avg (November) 0.0380
2019 Avg (November) 0.0337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0357 0.0345 0.0352
February 0.0352 0.0342 0.0348
March 0.0354 0.0331 0.0341
April 0.0350 0.0343 0.0347
May 0.0348 0.0338 0.0344
June 0.0337 0.0330 0.0333
July 0.0333 0.0315 0.0326
August 0.0318 0.0313 0.0316
September 0.0322 0.0313 0.0317
October 0.0349 0.0317 0.0326
November 0.0403 0.0349 0.0380
December 0.0391 0.0370 0.0379