YEARLY HIGH
0.0405 DKK
YEARLY LOW
0.0374 DKK
YEARLY AVERAGE
0.0388 DKK

2024 DJF to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0405. Conversely, the yearly low was recorded on September 25, dropping to 0.0374.

This high-to-low spread represents a total annual volatility of 0.0031 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0384 to the December average rate of 0.0400, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0405 was up 1.26% compared to the 2023 peak of 0.0400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 203 DKK
2023 Average 194 DKK
Yearly Trough Low 187 DKK
Transaction Impact: A difference of 15.49 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0403
0.0375
JanuMarcMayJulySeptNove

DJF 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 0.0388, compared to 0.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0388
H2 Avg (Jul–Dec) 0.0388

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0020 DKK (High: 0.0403 / Low: 0.0384). On the other end, May was the most stable month, with a tight range of 0.0006 DKK (High: 0.0392 / Low: 0.0385).

November Spread (Volatile) ±0.0020
May Spread (Stable) ±0.0006

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0400) against the same month in 2023 (average: 0.0383), the exchange rate shifted by +0.0017 (+4.46%).

2024 Avg (December) 0.0400
2023 Avg (December) 0.0383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0388 0.0380 0.0384
February 0.0392 0.0385 0.0388
March 0.0389 0.0383 0.0386
April 0.0395 0.0386 0.0391
May 0.0392 0.0385 0.0388
June 0.0394 0.0385 0.0390
July 0.0391 0.0383 0.0387
August 0.0389 0.0376 0.0381
September 0.0381 0.0374 0.0377
October 0.0389 0.0379 0.0385
November 0.0403 0.0384 0.0395
December 0.0405 0.0396 0.0400