YEARLY HIGH
128.7889 CLP
YEARLY LOW
111.2123 CLP
YEARLY AVERAGE
121.1563 CLP

2020 DKK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 128.7889. Conversely, the yearly low was recorded on January 1, dropping to 111.2123.

This high-to-low spread represents a total annual volatility of 17.5766 CLP. From a start-to-finish perspective, comparing the January average rate of 114.9569 to the December average rate of 119.4875, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 128.7889 was up 1.80% compared to the 2019 peak of 126.5062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 643,944 CLP
2019 Average 527,370 CLP
Yearly Trough Low 556,062 CLP
Transaction Impact: A difference of 87,882.76 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

125.7724
113.9737
JanuMarcMayJulySeptNove

DKK to CLP 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 120.1106, compared to 122.2020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0913 points.

H1 Avg (Jan–Jun) 120.1106
H2 Avg (Jul–Dec) 122.2020

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 9.1277 CLP (High: 128.7889 / Low: 119.6611). On the other end, July was the most stable month, with a tight range of 2.7522 CLP (High: 122.0823 / Low: 119.3301).

August Spread (Volatile) ±9.1277
July Spread (Stable) ±2.7522

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 4.2510 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.2510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 124.7891) against the same month in 2019 (average: 106.4279), the exchange rate shifted by +18.3612 (+17.25%).

2020 Avg (August) 124.7891
2019 Avg (August) 106.4279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 118.8295 111.2123 114.9569
February 120.7088 114.3331 116.6280
March 128.1329 120.9501 124.4690
April 127.0652 121.7232 124.2463
May 122.8584 117.7386 119.9952
June 124.3527 116.0779 120.3685
July 122.0823 119.3301 120.5931
August 128.7889 119.6611 124.7891
September 123.7204 120.6296 122.5160
October 126.5472 120.9850 124.4984
November 123.6923 118.8477 121.3276
December 123.2527 116.6305 119.4875