YEARLY HIGH
613.8684 COP
YEARLY LOW
481.7475 COP
YEARLY AVERAGE
564.9431 COP

2020 DKK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DKK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 613.8684. Conversely, the yearly low was recorded on January 9, dropping to 481.7475.

This high-to-low spread represents a total annual volatility of 132.1208 COP. From a start-to-finish perspective, comparing the January average rate of 491.9118 to the December average rate of 566.4646, the exchange rate registered a net change of 15.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 613.8684 was up 18.04% compared to the 2019 peak of 520.0496, 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 3,069,342 COP
2019 Average 2,458,717 COP
Yearly Trough Low 2,408,738 COP
Transaction Impact: A difference of 660,604.20 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

617.3071
480.5122
JanuMarcMayJulySeptNove

DKK to COP 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 544.0812, compared to 585.8051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.7239 points.

H1 Avg (Jan–Jun) 544.0812
H2 Avg (Jul–Dec) 585.8051

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 92.8224 COP (High: 607.6899 / Low: 514.8675). On the other end, October was the most stable month, with a tight range of 12.7674 COP (High: 611.5690 / Low: 598.8017).

March Spread (Volatile) ±92.8224
October Spread (Stable) ±12.7674

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 19.8540 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -19.8540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 600.6346) against the same month in 2019 (average: 507.7314), the exchange rate shifted by +92.9032 (+18.30%).

2020 Avg (August) 600.6346
2019 Avg (August) 507.7314

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 507.8168 481.7475 491.9118
February 515.2504 489.4575 497.7921
March 607.6899 514.8675 574.1474
April 597.6431 560.6744 578.0074
May 580.0073 551.1992 563.3879
June 573.4175 540.2150 559.2406
July 591.8333 547.5150 561.6619
August 613.8684 587.8166 600.6346
September 611.3795 580.7230 594.1083
October 611.5690 598.8017 605.9075
November 608.2621 573.9737 586.0536
December 578.3235 557.1153 566.4646