YEARLY HIGH
0.2316 DKK
YEARLY LOW
0.2121 DKK
YEARLY AVERAGE
0.2220 DKK

2020 TWD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TWD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.2316. Conversely, the yearly low was recorded on August 18, dropping to 0.2121.

This high-to-low spread represents a total annual volatility of 0.0195 DKK. From a start-to-finish perspective, comparing the January average rate of 0.2242 to the December average rate of 0.2169, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2316 was up 3.44% compared to the 2019 peak of 0.2239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,158 DKK
2019 Average 1,080 DKK
Yearly Trough Low 1,061 DKK
Transaction Impact: A difference of 97.36 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2297
0.2130
JanuMarcMayJulySeptNove

TWD 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 0.2259, compared to 0.2182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.2259
H2 Avg (Jul–Dec) 0.2182

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0132 DKK (High: 0.2316 / Low: 0.2183). On the other end, December was the most stable month, with a tight range of 0.0026 DKK (High: 0.2181 / Low: 0.2154).

March Spread (Volatile) ±0.0132
December Spread (Stable) ±0.0026

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 July and August, when the average rate fell by 0.0065 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2243) against the same month in 2019 (average: 0.2140), the exchange rate shifted by +0.0103 (+4.80%).

2020 Avg (March) 0.2243
2019 Avg (March) 0.2140

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2259 0.2218 0.2242
February 0.2302 0.2218 0.2269
March 0.2316 0.2183 0.2243
April 0.2303 0.2254 0.2283
May 0.2309 0.2238 0.2282
June 0.2256 0.2203 0.2235
July 0.2252 0.2140 0.2209
August 0.2163 0.2121 0.2144
September 0.2195 0.2129 0.2162
October 0.2246 0.2189 0.2204
November 0.2239 0.2180 0.2203
December 0.2181 0.2154 0.2169