2024 DKK to AED Historical Review

YEARLY HIGH

0.5512 AED

YEARLY LOW

0.5095 AED

YEARLY AVERAGE

0.5328 AED

2024 DKK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.5512. Conversely, the yearly low was recorded on December 18, dropping to 0.5095.

This high-to-low spread represents a total annual volatility of 0.0417 AED. From a start-to-finish perspective, comparing the January average rate of 0.5373 to the December average rate of 0.5157, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5512 was down 0.53% compared to the 2023 peak of 0.5541, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,756 AED

2023 Average 2,666 AED

Yearly Trough Low 2,548 AED

Transaction Impact: A difference of 208.30 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5501

0.5126

JanuMarcMayJulySeptNove

DKK to AED 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 0.5324, compared to 0.5332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.5324

H2 Avg (Jul–Dec) 0.5332

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0254 AED (High: 0.5385 / Low: 0.5131). On the other end, February was the most stable month, with a tight range of 0.0082 AED (High: 0.5358 / Low: 0.5276).

November Spread (Volatile) ±0.0254

February Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0133 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5469) against the same month in 2023 (average: 0.5258), the exchange rate shifted by +0.0211 (+4.01%).

2024 Avg (September) 0.5469

2023 Avg (September) 0.5258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5437	0.5323	0.5373
February	0.5358	0.5276	0.5318
March	0.5396	0.5313	0.5352
April	0.5348	0.5228	0.5278
May	0.5360	0.5278	0.5323
June	0.5371	0.5259	0.5298
July	0.5387	0.5287	0.5342
August	0.5510	0.5309	0.5426
September	0.5512	0.5419	0.5469
October	0.5449	0.5309	0.5365
November	0.5385	0.5131	0.5233
December	0.5214	0.5095	0.5157