YEARLY HIGH
0.0084 DKK
YEARLY LOW
0.0069 DKK
YEARLY AVERAGE
0.0076 DKK

2024 ARS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0084. Conversely, the yearly low was recorded on November 5, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0016 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0084 to the December average rate of 0.0070, the exchange rate registered a net change of -16.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0084 was down 78.70% compared to the 2023 peak of 0.0395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 42 DKK
2023 Average 132 DKK
Yearly Trough Low 34 DKK
Transaction Impact: A difference of 7.75 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0085
0.0068
JanuMarcMayJulySeptNove

ARS 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 0.0080, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0080
H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0004 DKK (High: 0.0074 / Low: 0.0070). On the other end, January was the most stable month, with a tight range of 0.0001 DKK (High: 0.0084 / Low: 0.0083).

August Spread (Volatile) ±0.0004
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0084) against the same month in 2023 (average: 0.0379), the exchange rate shifted by -0.0295 (-77.94%).

2024 Avg (January) 0.0084
2023 Avg (January) 0.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0084 0.0083 0.0084
February 0.0084 0.0082 0.0083
March 0.0082 0.0080 0.0081
April 0.0081 0.0079 0.0080
May 0.0080 0.0077 0.0078
June 0.0077 0.0076 0.0077
July 0.0076 0.0074 0.0075
August 0.0074 0.0070 0.0072
September 0.0071 0.0069 0.0070
October 0.0070 0.0069 0.0070
November 0.0071 0.0069 0.0070
December 0.0071 0.0069 0.0070