YEARLY HIGH
0.9404 DKK
YEARLY LOW
0.4275 DKK
YEARLY AVERAGE
0.7679 DKK

2020 SRD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SRD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.9404. Conversely, the yearly low was recorded on December 30, dropping to 0.4275.

This high-to-low spread represents a total annual volatility of 0.5129 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9024 to the December average rate of 0.4319, the exchange rate registered a net change of -52.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9404 was up 2.38% compared to the 2019 peak of 0.9185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,702 DKK
2019 Average 4,472 DKK
Yearly Trough Low 2,137 DKK
Transaction Impact: A difference of 2,564.43 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9696
0.3830
JanuMarcMayJulySeptNove

SRD 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 0.9085, compared to 0.6273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2812 points.

H1 Avg (Jan–Jun) 0.9085
H2 Avg (Jul–Dec) 0.6273

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 0.4000 DKK (High: 0.8481 / Low: 0.4481). On the other end, December was the most stable month, with a tight range of 0.0082 DKK (High: 0.4356 / Low: 0.4275).

September Spread (Volatile) ±0.4000
December Spread (Stable) ±0.0082

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 September and October, when the average rate fell by 0.2784 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.9054) against the same month in 2019 (average: 0.8857), the exchange rate shifted by +0.0198 (+2.23%).

2020 Avg (March) 0.9054
2019 Avg (March) 0.8857

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9097 0.8929 0.9024
February 0.9282 0.9030 0.9177
March 0.9404 0.8783 0.9054
April 0.9280 0.9110 0.9207
May 0.9264 0.8991 0.9163
June 0.8986 0.8793 0.8882
July 0.8892 0.8407 0.8715
August 0.8509 0.8357 0.8440
September 0.8481 0.4481 0.7253
October 0.4516 0.4433 0.4469
November 0.4520 0.4392 0.4442
December 0.4356 0.4275 0.4319