YEARLY HIGH
0.7130 DKK
YEARLY LOW
0.6583 DKK
YEARLY AVERAGE
0.6887 DKK

2020 MAD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.7130. Conversely, the yearly low was recorded on December 14, dropping to 0.6583.

This high-to-low spread represents a total annual volatility of 0.0547 DKK. From a start-to-finish perspective, comparing the January average rate of 0.7005 to the December average rate of 0.6806, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7130 was up 0.89% compared to the 2019 peak of 0.7067, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,565 DKK
2019 Average 3,468 DKK
Yearly Trough Low 3,291 DKK
Transaction Impact: A difference of 273.40 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7103
0.6747
JanuMarcMayJulySeptNove

MAD 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 0.6935, compared to 0.6838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.6935
H2 Avg (Jul–Dec) 0.6838

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0429 DKK (High: 0.7130 / Low: 0.6701). On the other end, November was the most stable month, with a tight range of 0.0084 DKK (High: 0.6931 / Low: 0.6847).

March Spread (Volatile) ±0.0429
November Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between July and November, 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 March and April, when the average rate fell by 0.0198 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6975) against the same month in 2019 (average: 0.6871), the exchange rate shifted by +0.0103 (+1.50%).

2020 Avg (March) 0.6975
2019 Avg (March) 0.6871

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7036 0.6927 0.7005
February 0.7109 0.7013 0.7073
March 0.7130 0.6701 0.6975
April 0.6943 0.6671 0.6777
May 0.7003 0.6839 0.6938
June 0.6899 0.6798 0.6843
July 0.6847 0.6712 0.6805
August 0.6863 0.6753 0.6817
September 0.6896 0.6790 0.6846
October 0.6923 0.6815 0.6871
November 0.6931 0.6847 0.6884
December 0.6855 0.6583 0.6806