YEARLY HIGH
0.0121 DKK
YEARLY LOW
0.0104 DKK
YEARLY AVERAGE
0.0113 DKK

2020 SOS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SOS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0121. Conversely, the yearly low was recorded on December 19, dropping to 0.0104.

This high-to-low spread represents a total annual volatility of 0.0017 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0105, the exchange rate registered a net change of -9.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0121 was up 1.79% compared to the 2019 peak of 0.0118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60 DKK
2019 Average 58 DKK
Yearly Trough Low 52 DKK
Transaction Impact: A difference of 8.30 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0120
0.0104
JanuMarcMayJulySeptNove

SOS 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 0.0117, compared to 0.0109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0117
H2 Avg (Jul–Dec) 0.0109

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0008 DKK (High: 0.0121 / Low: 0.0113). On the other end, August was the most stable month, with a tight range of 0.0002 DKK (High: 0.0109 / Low: 0.0108).

March Spread (Volatile) ±0.0008
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0116) against the same month in 2019 (average: 0.0114), the exchange rate shifted by +0.0002 (+1.84%).

2020 Avg (March) 0.0116
2019 Avg (March) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0115 0.0116
February 0.0120 0.0115 0.0117
March 0.0121 0.0113 0.0116
April 0.0119 0.0117 0.0118
May 0.0119 0.0116 0.0118
June 0.0116 0.0113 0.0114
July 0.0114 0.0108 0.0112
August 0.0109 0.0108 0.0109
September 0.0110 0.0107 0.0109
October 0.0110 0.0108 0.0109
November 0.0110 0.0107 0.0108
December 0.0106 0.0104 0.0105