YEARLY HIGH
0.1861 DKK
YEARLY LOW
0.1525 DKK
YEARLY AVERAGE
0.1670 DKK

2020 MUR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.1861. Conversely, the yearly low was recorded on December 3, dropping to 0.1525.

This high-to-low spread represents a total annual volatility of 0.0336 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1840 to the December average rate of 0.1543, the exchange rate registered a net change of -16.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1861 was down 3.48% compared to the 2019 peak of 0.1928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 931 DKK
2019 Average 938 DKK
Yearly Trough Low 762 DKK
Transaction Impact: A difference of 168.23 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1869
0.1514
JanuMarcMayJulySeptNove

MUR 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 0.1756, compared to 0.1584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.1756
H2 Avg (Jul–Dec) 0.1584

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0111 DKK (High: 0.1805 / Low: 0.1694). On the other end, January was the most stable month, with a tight range of 0.0023 DKK (High: 0.1848 / Low: 0.1825).

March Spread (Volatile) ±0.0111
January Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0081 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.1839) against the same month in 2019 (average: 0.1918), the exchange rate shifted by -0.0079 (-4.13%).

2020 Avg (February) 0.1839
2019 Avg (February) 0.1918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1848 0.1825 0.1840
February 0.1861 0.1798 0.1839
March 0.1805 0.1694 0.1758
April 0.1749 0.1710 0.1731
May 0.1733 0.1668 0.1712
June 0.1679 0.1637 0.1657
July 0.1664 0.1568 0.1627
August 0.1599 0.1569 0.1585
September 0.1612 0.1575 0.1587
October 0.1600 0.1562 0.1586
November 0.1600 0.1560 0.1575
December 0.1554 0.1525 0.1543