2020 TRY to DKK Historical Review

YEARLY HIGH

1.1458 DKK

YEARLY LOW

0.7362 DKK

YEARLY AVERAGE

0.9431 DKK

2020 TRY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 1.1458. Conversely, the yearly low was recorded on November 7, dropping to 0.7362.

This high-to-low spread represents a total annual volatility of 0.4096 DKK. From a start-to-finish perspective, comparing the January average rate of 1.1360 to the December average rate of 0.7938, the exchange rate registered a net change of -30.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1458 was down 8.97% compared to the 2019 peak of 1.2587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 57,288 DKK

2019 Average 58,754 DKK

Yearly Trough Low 36,808 DKK

Transaction Impact: A difference of 20,480.37 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1705

0.7558

JanuMarcMayJulySeptNove

TRY 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 1.0483, compared to 0.8380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2103 points.

H1 Avg (Jan–Jun) 1.0483

H2 Avg (Jul–Dec) 0.8380

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0962 DKK (High: 0.8324 / Low: 0.7362). On the other end, January was the most stable month, with a tight range of 0.0276 DKK (High: 1.1458 / Low: 1.1181).

November Spread (Volatile) ±0.0962

January Spread (Stable) ±0.0276

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 July and August, when the average rate fell by 0.0810 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0810

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.1360) against the same month in 2019 (average: 1.2203), the exchange rate shifted by -0.0843 (-6.91%).

2020 Avg (January) 1.1360

2019 Avg (January) 1.2203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1458	1.1181	1.1360
February	1.1410	1.0854	1.1284
March	1.1033	1.0236	1.0643
April	1.0377	0.9752	1.0025
May	1.0087	0.9596	0.9870
June	0.9938	0.9618	0.9716
July	0.9677	0.8988	0.9460
August	0.9097	0.8453	0.8651
September	0.8519	0.8110	0.8366
October	0.8182	0.7658	0.7960
November	0.8324	0.7362	0.7904
December	0.8214	0.7768	0.7938

2020 TRY నుండి DKK చారిత్రక సమీక్ష