YEARLY HIGH
2.0521 DKK
YEARLY LOW
1.6714 DKK
YEARLY AVERAGE
1.8747 DKK

2020 PEN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 2.0521. Conversely, the yearly low was recorded on December 30, dropping to 1.6714.

This high-to-low spread represents a total annual volatility of 0.3807 DKK. From a start-to-finish perspective, comparing the January average rate of 2.0239 to the December average rate of 1.6977, the exchange rate registered a net change of -16.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0521 was up 0.26% compared to the 2019 peak of 2.0468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,261 DKK
2019 Average 9,996 DKK
Yearly Trough Low 8,357 DKK
Transaction Impact: A difference of 1,903.51 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0565
1.6651
JanuMarcMayJulySeptNove

PEN 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 1.9841, compared to 1.7653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2188 points.

H1 Avg (Jan–Jun) 1.9841
H2 Avg (Jul–Dec) 1.7653

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1149 DKK (High: 1.9930 / Low: 1.8781). On the other end, October was the most stable month, with a tight range of 0.0295 DKK (High: 1.7732 / Low: 1.7437).

March Spread (Volatile) ±0.1149
October Spread (Stable) ±0.0295

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 May and June, when the average rate fell by 0.0937 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0937

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.0192) against the same month in 2019 (average: 2.0120), the exchange rate shifted by +0.0071 (+0.35%).

2020 Avg (April) 2.0192
2019 Avg (April) 2.0120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0406 1.9896 2.0239
February 2.0470 1.9614 2.0186
March 1.9930 1.8781 1.9362
April 2.0521 1.9776 2.0192
May 2.0329 1.9528 2.0002
June 1.9563 1.8757 1.9066
July 1.8821 1.7890 1.8484
August 1.7947 1.7460 1.7680
September 1.7944 1.7563 1.7759
October 1.7732 1.7437 1.7593
November 1.7693 1.7134 1.7426
December 1.7129 1.6714 1.6977