2020 ZAR to DKK Historical Review

YEARLY HIGH

0.4753 DKK

YEARLY LOW

0.3576 DKK

YEARLY AVERAGE

0.3993 DKK

2020 ZAR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4753. Conversely, the yearly low was recorded on August 9, dropping to 0.3576.

This high-to-low spread represents a total annual volatility of 0.1177 DKK. From a start-to-finish perspective, comparing the January average rate of 0.4672 to the December average rate of 0.4112, the exchange rate registered a net change of -12.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4753 was down 3.31% compared to the 2019 peak of 0.4916, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,767 DKK

2019 Average 23,096 DKK

Yearly Trough Low 17,882 DKK

Transaction Impact: A difference of 5,884.75 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4774

0.3555

JanuMarcMayJulySeptNove

ZAR 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 0.4099, compared to 0.3887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.4099

H2 Avg (Jul–Dec) 0.3887

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0654 DKK (High: 0.4395 / Low: 0.3741). On the other end, October was the most stable month, with a tight range of 0.0142 DKK (High: 0.3934 / Low: 0.3791).

March Spread (Volatile) ±0.0654

October Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between August and December, 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 February and March, when the average rate fell by 0.0495 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.4672) against the same month in 2019 (average: 0.4728), the exchange rate shifted by -0.0055 (-1.17%).

2020 Avg (January) 0.4672

2019 Avg (January) 0.4728

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4753	0.4488	0.4672
February	0.4626	0.4324	0.4547
March	0.4395	0.3741	0.4053
April	0.3787	0.3586	0.3688
May	0.3905	0.3598	0.3765
June	0.3968	0.3803	0.3869
July	0.3933	0.3705	0.3877
August	0.3772	0.3576	0.3656
September	0.3884	0.3722	0.3776
October	0.3934	0.3791	0.3849
November	0.4127	0.3929	0.4051
December	0.4184	0.4019	0.4112