2024 BYN to DKK Historical Review

YEARLY HIGH

7.2086 DKK

YEARLY LOW

6.6637 DKK

YEARLY AVERAGE

6.8957 DKK

2024 BYN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BYN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 7.2086. Conversely, the yearly low was recorded on September 24, dropping to 6.6637.

This high-to-low spread represents a total annual volatility of 0.5448 DKK. From a start-to-finish perspective, comparing the January average rate of 6.8366 to the December average rate of 7.1230, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 7.2086 was up 1.18% compared to the 2023 peak of 7.1242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,043 DKK

2023 Average 34,449 DKK

Yearly Trough Low 33,319 DKK

Transaction Impact: A difference of 2,724.13 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7.1637

6.6750

JanuMarcMayJulySeptNove

BYN 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 6.8996, compared to 6.8918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 6.8996

H2 Avg (Jul–Dec) 6.8918

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.3374 DKK (High: 7.1583 / Low: 6.8209). On the other end, March was the most stable month, with a tight range of 0.1043 DKK (High: 6.9116 / Low: 6.8073).

November Spread (Volatile) ±0.3374

March Spread (Stable) ±0.1043

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 0.1052 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 7.1230) against the same month in 2023 (average: 6.8283), the exchange rate shifted by +0.2947 (+4.32%).

2024 Avg (December) 7.1230

2023 Avg (December) 6.8283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.9001	6.7551	6.8366
February	6.9609	6.8549	6.9070
March	6.9116	6.8073	6.8622
April	7.0248	6.8666	6.9587
May	6.9585	6.8521	6.9004
June	6.9842	6.8381	6.9327
July	6.9468	6.8188	6.8753
August	6.9178	6.6653	6.7701
September	6.7776	6.6637	6.7158
October	6.9189	6.7411	6.8462
November	7.1583	6.8209	7.0205
December	7.2086	7.0447	7.1230