2024 CVE to DKK Historical Review

YEARLY HIGH

0.0688 DKK

YEARLY LOW

0.0667 DKK

YEARLY AVERAGE

0.0676 DKK

2024 CVE to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.0688. Conversely, the yearly low was recorded on August 3, dropping to 0.0667.

This high-to-low spread represents a total annual volatility of 0.0021 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0676 to the December average rate of 0.0677, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0688 was up 0.71% compared to the 2023 peak of 0.0683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 344 DKK

2023 Average 337 DKK

Yearly Trough Low 333 DKK

Transaction Impact: A difference of 10.72 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0678

0.0675

JanuMarcMayJulySeptNove

CVE 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 0.0676, compared to 0.0676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0676

H2 Avg (Jul–Dec) 0.0676

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0016 DKK (High: 0.0688 / Low: 0.0672). On the other end, October was the most stable month, with a tight range of 0.0005 DKK (High: 0.0679 / Low: 0.0673).

April Spread (Volatile) ±0.0016

October Spread (Stable) ±0.0005

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0677) against the same month in 2023 (average: 0.0675), the exchange rate shifted by +0.0002 (+0.33%).

2024 Avg (April) 0.0677

2023 Avg (April) 0.0675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0679	0.0672	0.0676
February	0.0680	0.0671	0.0675
March	0.0680	0.0670	0.0676
April	0.0688	0.0672	0.0677
May	0.0679	0.0669	0.0675
June	0.0680	0.0672	0.0676
July	0.0679	0.0671	0.0676
August	0.0677	0.0667	0.0675
September	0.0678	0.0672	0.0676
October	0.0679	0.0673	0.0676
November	0.0686	0.0672	0.0677
December	0.0686	0.0673	0.0677