YEARLY HIGH
14.0028 ALL
YEARLY LOW
12.9989 ALL
YEARLY AVERAGE
13.4975 ALL

2024 DKK to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 14.0028. Conversely, the yearly low was recorded on November 23, dropping to 12.9989.

This high-to-low spread represents a total annual volatility of 1.0039 ALL. From a start-to-finish perspective, comparing the January average rate of 13.9262 to the December average rate of 13.1743, the exchange rate registered a net change of -5.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.0028 was down 12.39% compared to the 2023 peak of 15.9827, 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 70,014 ALL
2023 Average 72,978 ALL
Yearly Trough Low 64,994 ALL
Transaction Impact: A difference of 5,019.66 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.0087
13.0630
JanuMarcMayJulySeptNove

DKK to ALL 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 13.7088, compared to 13.2861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4227 points.

H1 Avg (Jan–Jun) 13.7088
H2 Avg (Jul–Dec) 13.2861

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.4020 ALL (High: 13.8199 / Low: 13.4179). On the other end, October was the most stable month, with a tight range of 0.0726 ALL (High: 13.2626 / Low: 13.1900).

April Spread (Volatile) ±0.4020
October Spread (Stable) ±0.0726

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2658 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 13.9262) against the same month in 2023 (average: 15.6475), the exchange rate shifted by -1.7213 (-11.00%).

2024 Avg (January) 13.9262
2023 Avg (January) 15.6475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.0028 13.8226 13.9262
February 13.9891 13.8433 13.9299
March 13.9627 13.6985 13.8646
April 13.8199 13.4179 13.5988
May 13.5611 13.4153 13.4782
June 13.5474 13.3393 13.4552
July 13.4976 13.4061 13.4494
August 13.4562 13.3281 13.4040
September 13.3899 13.1897 13.3221
October 13.2626 13.1900 13.2252
November 13.2594 12.9989 13.1418
December 13.2712 13.0011 13.1743