2024 CNY to DKK Historical Review

YEARLY HIGH

0.9893 DKK

YEARLY LOW

0.9357 DKK

YEARLY AVERAGE

0.9607 DKK

2024 CNY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.9893. Conversely, the yearly low was recorded on August 24, dropping to 0.9357.

This high-to-low spread represents a total annual volatility of 0.0536 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9615 to the December average rate of 0.9782, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9893 was down 3.67% compared to the 2023 peak of 1.0270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 24,733 DKK

2023 Average 24,363 DKK

Yearly Trough Low 23,393 DKK

Transaction Impact: A difference of 1,339.70 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9813

0.9443

JanuMarcMayJulySeptNove

CNY 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 0.9611, compared to 0.9604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.9611

H2 Avg (Jul–Dec) 0.9604

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0362 DKK (High: 0.9858 / Low: 0.9496). On the other end, September was the most stable month, with a tight range of 0.0086 DKK (High: 0.9538 / Low: 0.9452).

April Spread (Volatile) ±0.0362

September Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0133 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9782) against the same month in 2023 (average: 0.9592), the exchange rate shifted by +0.0190 (+1.98%).

2024 Avg (December) 0.9782

2023 Avg (December) 0.9592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9714	0.9476	0.9615
February	0.9755	0.9545	0.9650
March	0.9614	0.9463	0.9535
April	0.9858	0.9496	0.9627
May	0.9803	0.9484	0.9629
June	0.9803	0.9442	0.9607
July	0.9583	0.9392	0.9475
August	0.9578	0.9357	0.9474
September	0.9538	0.9452	0.9493
October	0.9709	0.9587	0.9657
November	0.9883	0.9603	0.9742
December	0.9893	0.9703	0.9782