YEARLY HIGH
0.7402 DKK
YEARLY LOW
0.6678 DKK
YEARLY AVERAGE
0.7110 DKK

2020 SEK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.7402. Conversely, the yearly low was recorded on March 18, dropping to 0.6678.

This high-to-low spread represents a total annual volatility of 0.0724 DKK. From a start-to-finish perspective, comparing the January average rate of 0.7083 to the December average rate of 0.7317, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7402 was up 0.76% compared to the 2019 peak of 0.7346, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,701 DKK
2019 Average 3,528 DKK
Yearly Trough Low 3,339 DKK
Transaction Impact: A difference of 361.87 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7364
0.6806
JanuMarcMayJulySeptNove

SEK 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 0.7002, compared to 0.7217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0215 points.

H1 Avg (Jan–Jun) 0.7002
H2 Avg (Jul–Dec) 0.7217

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0404 DKK (High: 0.7082 / Low: 0.6678). On the other end, August was the most stable month, with a tight range of 0.0105 DKK (High: 0.7269 / Low: 0.7164).

March Spread (Volatile) ±0.0404
August Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0200 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7317) against the same month in 2019 (average: 0.7133), the exchange rate shifted by +0.0184 (+2.58%).

2020 Avg (December) 0.7317
2019 Avg (December) 0.7133

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7142 0.6992 0.7083
February 0.7128 0.6992 0.7069
March 0.7082 0.6678 0.6869
April 0.6980 0.6779 0.6852
May 0.7112 0.6866 0.7029
June 0.7207 0.7040 0.7111
July 0.7272 0.7104 0.7186
August 0.7269 0.7164 0.7221
September 0.7208 0.7007 0.7137
October 0.7226 0.7082 0.7161
November 0.7350 0.7175 0.7278
December 0.7402 0.7253 0.7317