2024 BOB to DKK Historical Review

YEARLY HIGH

1.0432 DKK

YEARLY LOW

0.9640 DKK

YEARLY AVERAGE

0.9976 DKK

2024 BOB to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1.0432. Conversely, the yearly low was recorded on September 24, dropping to 0.9640.

This high-to-low spread represents a total annual volatility of 0.0792 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9895 to the December average rate of 1.0308, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0432 was up 1.22% compared to the 2023 peak of 1.0306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,216 DKK

2023 Average 4,987 DKK

Yearly Trough Low 4,820 DKK

Transaction Impact: A difference of 396.15 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0368

0.9655

JanuMarcMayJulySeptNove

BOB 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 0.9982, compared to 0.9970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.9982

H2 Avg (Jul–Dec) 0.9970

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0494 DKK (High: 1.0362 / Low: 0.9868). On the other end, May was the most stable month, with a tight range of 0.0154 DKK (High: 1.0071 / Low: 0.9917).

November Spread (Volatile) ±0.0494

May Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between September and December, 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 0.0148 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.0308) against the same month in 2023 (average: 0.9871), the exchange rate shifted by +0.0438 (+4.43%).

2024 Avg (December) 1.0308

2023 Avg (December) 0.9871

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0003	0.9748	0.9895
February	1.0073	0.9916	0.9992
March	1.0032	0.9819	0.9932
April	1.0166	0.9940	1.0055
May	1.0071	0.9917	0.9987
June	1.0122	0.9903	1.0032
July	1.0053	0.9873	0.9952
August	1.0020	0.9644	0.9804
September	0.9811	0.9640	0.9714
October	1.0015	0.9764	0.9894
November	1.0362	0.9868	1.0146
December	1.0432	1.0188	1.0308