YEARLY HIGH
630.2910 COP
YEARLY LOW
561.4595 COP
YEARLY AVERAGE
595.0106 COP

2021 DKK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 630.2910. Conversely, the yearly low was recorded on January 18, dropping to 561.4595.

This high-to-low spread represents a total annual volatility of 68.8315 COP. From a start-to-finish perspective, comparing the January average rate of 571.0788 to the December average rate of 603.7502, the exchange rate registered a net change of 5.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 630.2910 was up 2.68% compared to the 2020 peak of 613.8684, 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 3,151,455 COP
2020 Average 2,825,763 COP
Yearly Trough Low 2,807,297 COP
Transaction Impact: A difference of 344,157.53 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

619.0187
566.7207
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 586.8289, compared to 603.1924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.3635 points.

H1 Avg (Jan–Jun) 586.8289
H2 Avg (Jul–Dec) 603.1924

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 30.7854 COP (High: 615.6508 / Low: 584.8654). On the other end, September was the most stable month, with a tight range of 14.5981 COP (High: 611.4832 / Low: 596.8851).

November Spread (Volatile) ±30.7854
September Spread (Stable) ±14.5981

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 16.4242 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -16.4242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 614.6605) against the same month in 2020 (average: 600.6346), the exchange rate shifted by +14.0260 (+2.34%).

2021 Avg (August) 614.6605
2020 Avg (August) 600.6346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 588.7132 561.4595 571.0788
February 587.8645 569.8616 578.0748
March 595.7709 565.8102 577.8294
April 603.5686 577.7375 586.0841
May 623.5742 600.8369 610.3276
June 609.4580 587.2171 597.5786
July 624.0274 595.8473 608.5472
August 630.2910 605.4824 614.6605
September 611.4832 596.8851 605.1034
October 593.0617 578.2734 588.6792
November 615.6508 584.8654 598.4137
December 619.6601 591.2537 603.7502