YEARLY HIGH
0.0095 DKK
YEARLY LOW
0.0079 DKK
YEARLY AVERAGE
0.0088 DKK

2020 MWK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0095. Conversely, the yearly low was recorded on December 30, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0017 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0091 to the December average rate of 0.0080, the exchange rate registered a net change of -12.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0095 was up 0.82% compared to the 2019 peak of 0.0094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48 DKK
2019 Average 45 DKK
Yearly Trough Low 39 DKK
Transaction Impact: A difference of 8.33 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0095
0.0078
JanuMarcMayJulySeptNove

MWK 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 0.0092, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0092
H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 DKK (High: 0.0095 / Low: 0.0089). On the other end, October was the most stable month, with a tight range of 0.0002 DKK (High: 0.0085 / Low: 0.0083).

March Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0002

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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0092) against the same month in 2019 (average: 0.0091), the exchange rate shifted by +0.0001 (+0.83%).

2020 Avg (March) 0.0092
2019 Avg (March) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0092 0.0090 0.0091
February 0.0094 0.0092 0.0093
March 0.0095 0.0089 0.0092
April 0.0094 0.0092 0.0093
May 0.0094 0.0091 0.0093
June 0.0091 0.0089 0.0090
July 0.0090 0.0085 0.0088
August 0.0086 0.0083 0.0084
September 0.0085 0.0083 0.0084
October 0.0085 0.0083 0.0084
November 0.0085 0.0081 0.0083
December 0.0081 0.0079 0.0080