YEARLY HIGH
3430.5942 STD
YEARLY LOW
3156.1479 STD
YEARLY AVERAGE
3292.6235 STD

2020 DKK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 3430.5942. Conversely, the yearly low was recorded on March 19, dropping to 3156.1479.

This high-to-low spread represents a total annual volatility of 274.4463 STD. From a start-to-finish perspective, comparing the January average rate of 3203.6076 to the December average rate of 3382.0395, the exchange rate registered a net change of 5.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3430.5942 was up 4.43% compared to the 2019 peak of 3285.0530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,152,971 STD
2019 Average 15,977,156 STD
Yearly Trough Low 15,780,740 STD
Transaction Impact: A difference of 1,372,231.32 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3399.8826
3185.7644
JanuMarcMayJulySeptNove

DKK to STD 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 3241.4680, compared to 3343.7790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 102.3111 points.

H1 Avg (Jan–Jun) 3241.4680
H2 Avg (Jul–Dec) 3343.7790

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 210.5693 STD (High: 3366.7172 / Low: 3156.1479). On the other end, January was the most stable month, with a tight range of 59.9088 STD (High: 3237.6767 / Low: 3177.7679).

March Spread (Volatile) ±210.5693
January Spread (Stable) ±59.9088

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 March and April, when the average rate fell by 62.3380 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -62.3380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 3353.9263) against the same month in 2019 (average: 3238.1736), the exchange rate shifted by +115.7527 (+3.57%).

2020 Avg (July) 3353.9263
2019 Avg (July) 3238.1736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3237.6767 3177.7679 3203.6076
February 3254.6374 3185.5449 3205.6286
March 3366.7172 3156.1479 3274.2590
April 3247.7579 3185.9685 3211.9210
May 3288.3166 3191.5897 3227.0968
June 3362.4246 3290.3638 3326.2947
July 3430.5942 3309.9802 3353.9263
August 3394.4597 3323.1452 3354.3043
September 3359.3468 3285.9581 3320.3622
October 3345.2862 3272.8794 3318.7792
November 3362.0041 3288.9336 3333.2628
December 3409.8286 3347.0670 3382.0395