YEARLY HIGH
0.4781 DKK
YEARLY LOW
0.3566 DKK
YEARLY AVERAGE
0.3996 DKK

2020 SZL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4781. Conversely, the yearly low was recorded on August 6, dropping to 0.3566.

This high-to-low spread represents a total annual volatility of 0.1214 DKK. From a start-to-finish perspective, comparing the January average rate of 0.4689 to the December average rate of 0.4103, the exchange rate registered a net change of -12.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4781 was down 2.68% compared to the 2019 peak of 0.4912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,390 DKK
2019 Average 2,310 DKK
Yearly Trough Low 1,783 DKK
Transaction Impact: A difference of 607.16 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4791
0.3557
JanuMarcMayJulySeptNove

SZL 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 0.4109, compared to 0.3884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.4109
H2 Avg (Jul–Dec) 0.3884

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0640 DKK (High: 0.4422 / Low: 0.3783). On the other end, October was the most stable month, with a tight range of 0.0123 DKK (High: 0.3921 / Low: 0.3798).

March Spread (Volatile) ±0.0640
October Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between August and December, 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 0.0500 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.4689) against the same month in 2019 (average: 0.4711), the exchange rate shifted by -0.0022 (-0.47%).

2020 Avg (January) 0.4689
2019 Avg (January) 0.4711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4781 0.4558 0.4689
February 0.4646 0.4431 0.4567
March 0.4422 0.3783 0.4067
April 0.3833 0.3616 0.3701
May 0.3896 0.3659 0.3760
June 0.3960 0.3805 0.3868
July 0.3926 0.3786 0.3878
August 0.3798 0.3566 0.3660
September 0.3886 0.3710 0.3772
October 0.3921 0.3798 0.3842
November 0.4118 0.3920 0.4047
December 0.4185 0.3997 0.4103