2020 MYR to DKK Historical Review

YEARLY HIGH

1.6679 DKK

YEARLY LOW

1.4790 DKK

YEARLY AVERAGE

1.5567 DKK

2020 MYR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 1.6679. Conversely, the yearly low was recorded on July 30, dropping to 1.4790.

This high-to-low spread represents a total annual volatility of 0.1889 DKK. From a start-to-finish perspective, comparing the January average rate of 1.6504 to the December average rate of 1.5069, the exchange rate registered a net change of -8.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6679 was up 1.65% compared to the 2019 peak of 1.6407, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 33,357 DKK

2019 Average 32,207 DKK

Yearly Trough Low 29,580 DKK

Transaction Impact: A difference of 3,777.11 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6651

1.4881

JanuMarcMayJulySeptNove

MYR 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 1.5953, compared to 1.5181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0772 points.

H1 Avg (Jan–Jun) 1.5953

H2 Avg (Jul–Dec) 1.5181

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0687 DKK (High: 1.5477 / Low: 1.4790). On the other end, December was the most stable month, with a tight range of 0.0177 DKK (High: 1.5165 / Low: 1.4988).

July Spread (Volatile) ±0.0687

December Spread (Stable) ±0.0177

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 February and March, when the average rate fell by 0.0738 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0738

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.6504) against the same month in 2019 (average: 1.5886), the exchange rate shifted by +0.0618 (+3.89%).

2020 Avg (January) 1.6504

2019 Avg (January) 1.5886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6679	1.6272	1.6504
February	1.6655	1.6081	1.6458
March	1.6049	1.5488	1.5720
April	1.5873	1.5626	1.5786
May	1.6001	1.5435	1.5749
June	1.5632	1.5372	1.5499
July	1.5477	1.4790	1.5239
August	1.5128	1.4900	1.5028
September	1.5375	1.5053	1.5217
October	1.5391	1.5107	1.5236
November	1.5398	1.5179	1.5294
December	1.5165	1.4988	1.5069