2024 AFN to DKK Historical Review

YEARLY HIGH

0.1060 DKK

YEARLY LOW

0.0918 DKK

YEARLY AVERAGE

0.0979 DKK

2024 AFN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.1060. Conversely, the yearly low was recorded on February 3, dropping to 0.0918.

This high-to-low spread represents a total annual volatility of 0.0142 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0956 to the December average rate of 0.1026, the exchange rate registered a net change of 7.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1060 was up 6.08% compared to the 2023 peak of 0.1000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 530 DKK

2023 Average 420 DKK

Yearly Trough Low 459 DKK

Transaction Impact: A difference of 71.13 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1047

0.0935

JanuMarcMayJulySeptNove

AFN 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 0.0961, compared to 0.0996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0961

H2 Avg (Jul–Dec) 0.0996

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0075 DKK (High: 0.1058 / Low: 0.0983). On the other end, July was the most stable month, with a tight range of 0.0016 DKK (High: 0.0981 / Low: 0.0965).

October Spread (Volatile) ±0.0075

July Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1037) against the same month in 2023 (average: 0.0965), the exchange rate shifted by +0.0072 (+7.48%).

2024 Avg (November) 0.1037

2023 Avg (November) 0.0965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0975	0.0928	0.0956
February	0.0959	0.0918	0.0944
March	0.0972	0.0937	0.0951
April	0.0985	0.0955	0.0969
May	0.0976	0.0951	0.0963
June	0.0996	0.0958	0.0983
July	0.0981	0.0965	0.0972
August	0.0975	0.0939	0.0956
September	0.0983	0.0948	0.0966
October	0.1058	0.0983	0.1021
November	0.1060	0.1015	0.1037
December	0.1049	0.1012	0.1026