YEARLY HIGH
0.0196 DKK
YEARLY LOW
0.0169 DKK
YEARLY AVERAGE
0.0183 DKK

2020 MRO to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0196. Conversely, the yearly low was recorded on December 30, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0027 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0171, the exchange rate registered a net change of -9.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0196 was up 2.38% compared to the 2019 peak of 0.0192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98 DKK
2019 Average 93 DKK
Yearly Trough Low 85 DKK
Transaction Impact: A difference of 13.48 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0194
0.0169
JanuMarcMayJulySeptNove

MRO 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 0.0190, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0190
H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0013 DKK (High: 0.0196 / Low: 0.0183). On the other end, August was the most stable month, with a tight range of 0.0003 DKK (High: 0.0178 / Low: 0.0175).

March Spread (Volatile) ±0.0013
August Spread (Stable) ±0.0003

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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0189) against the same month in 2019 (average: 0.0185), the exchange rate shifted by +0.0004 (+2.23%).

2020 Avg (March) 0.0189
2019 Avg (March) 0.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0190 0.0187 0.0189
February 0.0194 0.0189 0.0192
March 0.0196 0.0183 0.0189
April 0.0194 0.0190 0.0192
May 0.0194 0.0188 0.0191
June 0.0188 0.0184 0.0186
July 0.0186 0.0176 0.0182
August 0.0178 0.0175 0.0176
September 0.0179 0.0175 0.0177
October 0.0179 0.0176 0.0177
November 0.0179 0.0174 0.0176
December 0.0173 0.0169 0.0171