YEARLY HIGH
0.0605 DKK
YEARLY LOW
0.0514 DKK
YEARLY AVERAGE
0.0552 DKK

2020 NPR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NPR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.0605. Conversely, the yearly low was recorded on December 21, dropping to 0.0514.

This high-to-low spread represents a total annual volatility of 0.0091 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0591 to the December average rate of 0.0519, the exchange rate registered a net change of -12.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0605 was down 1.26% compared to the 2019 peak of 0.0613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 302 DKK
2019 Average 296 DKK
Yearly Trough Low 257 DKK
Transaction Impact: A difference of 45.67 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0607
0.0511
JanuMarcMayJulySeptNove

NPR 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 0.0572, compared to 0.0532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0572
H2 Avg (Jul–Dec) 0.0532

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0032 DKK (High: 0.0585 / Low: 0.0553). On the other end, September was the most stable month, with a tight range of 0.0010 DKK (High: 0.0543 / Low: 0.0533).

March Spread (Volatile) ±0.0032
September Spread (Stable) ±0.0010

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 February and March, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0599) against the same month in 2019 (average: 0.0578), the exchange rate shifted by +0.0021 (+3.58%).

2020 Avg (February) 0.0599
2019 Avg (February) 0.0578

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0595 0.0580 0.0591
February 0.0605 0.0587 0.0599
March 0.0585 0.0553 0.0568
April 0.0570 0.0558 0.0564
May 0.0572 0.0555 0.0565
June 0.0555 0.0540 0.0547
July 0.0555 0.0524 0.0542
August 0.0533 0.0523 0.0528
September 0.0543 0.0533 0.0538
October 0.0542 0.0532 0.0538
November 0.0537 0.0525 0.0529
December 0.0523 0.0514 0.0519