YEARLY HIGH
0.7195 DKK
YEARLY LOW
0.5341 DKK
YEARLY AVERAGE
0.6365 DKK

2020 TJS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TJS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.7195. Conversely, the yearly low was recorded on December 30, dropping to 0.5341.

This high-to-low spread represents a total annual volatility of 0.1854 DKK. From a start-to-finish perspective, comparing the January average rate of 0.6943 to the December average rate of 0.5397, the exchange rate registered a net change of -22.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7195 was up 0.66% compared to the 2019 peak of 0.7148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,597 DKK
2019 Average 3,501 DKK
Yearly Trough Low 2,671 DKK
Transaction Impact: A difference of 926.88 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7227
0.5231
JanuMarcMayJulySeptNove

TJS 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 0.6782, compared to 0.5948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0834 points.

H1 Avg (Jan–Jun) 0.6782
H2 Avg (Jul–Dec) 0.5948

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0695 DKK (High: 0.6183 / Low: 0.5488). On the other end, October was the most stable month, with a tight range of 0.0101 DKK (High: 0.6180 / Low: 0.6079).

November Spread (Volatile) ±0.0695
October Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0485 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6874) against the same month in 2019 (average: 0.7003), the exchange rate shifted by -0.0129 (-1.84%).

2020 Avg (March) 0.6874
2019 Avg (March) 0.7003

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7000 0.6839 0.6943
February 0.7138 0.6948 0.7060
March 0.7195 0.6573 0.6874
April 0.6770 0.6641 0.6711
May 0.6743 0.6547 0.6667
June 0.6542 0.6372 0.6435
July 0.6432 0.6081 0.6306
August 0.6152 0.6049 0.6101
September 0.6199 0.6058 0.6117
October 0.6180 0.6079 0.6126
November 0.6183 0.5488 0.5640
December 0.5443 0.5341 0.5397