2020 EUR to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EUR to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EUR to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 1418.0927. Conversely, the yearly low was recorded on February 14, dropping to 1281.7686.
This high-to-low spread represents a total annual volatility of 136.3241 KRW. From a start-to-finish perspective, comparing the January average rate of 1294.7476 to the December average rate of 1331.9915, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 1418.0927 was up 3.52% compared to the 2019 peak of 1369.9239, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EUR to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1329.4046, compared to 1361.1052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.7005 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 64.7930 KRW (High: 1412.3643 / Low: 1347.5713). On the other end, November was the most stable month, with a tight range of 23.5763 KRW (High: 1334.0969 / Low: 1310.5206).
Growth Streaks & Declines
TrendsBetween April and August, 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 September and October, when the average rate fell by 41.8281 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 1404.5658) against the same month in 2019 (average: 1347.9839), the exchange rate shifted by +56.5818 (+4.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1326.9403 | 1285.1967 | 1294.7476 |
| February | 1333.1171 | 1281.7686 | 1304.4849 |
| March | 1376.5377 | 1319.8235 | 1346.4797 |
| April | 1353.4095 | 1317.3587 | 1328.7370 |
| May | 1371.5602 | 1321.6157 | 1343.6734 |
| June | 1378.8647 | 1347.3989 | 1358.3052 |
| July | 1412.3643 | 1347.5713 | 1374.1589 |
| August | 1418.0927 | 1391.7317 | 1404.5658 |
| September | 1413.3598 | 1362.1608 | 1388.3910 |
| October | 1367.2578 | 1320.2825 | 1346.5629 |
| November | 1334.0969 | 1310.5206 | 1320.9610 |
| December | 1351.9054 | 1313.3388 | 1331.9915 |