YEARLY HIGH
2.5946 DKK
YEARLY LOW
2.3647 DKK
YEARLY AVERAGE
2.4566 DKK

2020 WST to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the WST to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 2.5946. Conversely, the yearly low was recorded on October 10, dropping to 2.3647.

This high-to-low spread represents a total annual volatility of 0.2299 DKK. From a start-to-finish perspective, comparing the January average rate of 2.5577 to the December average rate of 2.3967, the exchange rate registered a net change of -6.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5946 was up 0.31% compared to the 2019 peak of 2.5866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,973 DKK
2019 Average 12,684 DKK
Yearly Trough Low 11,823 DKK
Transaction Impact: A difference of 1,149.58 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5738
2.3806
JanuMarcMayJulySeptNove

WST 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 2.4993, compared to 2.4140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0852 points.

H1 Avg (Jan–Jun) 2.4993
H2 Avg (Jul–Dec) 2.4140

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1148 DKK (High: 2.5435 / Low: 2.4287). On the other end, December was the most stable month, with a tight range of 0.0326 DKK (High: 2.4167 / Low: 2.3841).

March Spread (Volatile) ±0.1148
December Spread (Stable) ±0.0326

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 February and March, when the average rate fell by 0.0724 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0724

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.5569) against the same month in 2019 (average: 2.5209), the exchange rate shifted by +0.0360 (+1.43%).

2020 Avg (February) 2.5569
2019 Avg (February) 2.5209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5784 2.5360 2.5577
February 2.5946 2.5085 2.5569
March 2.5435 2.4287 2.4844
April 2.5032 2.4372 2.4725
May 2.5017 2.4248 2.4717
June 2.4946 2.3963 2.4525
July 2.5077 2.3988 2.4499
August 2.4303 2.3704 2.4020
September 2.4480 2.3893 2.4120
October 2.4454 2.3647 2.4029
November 2.4438 2.3938 2.4207
December 2.4167 2.3841 2.3967