2024 DKK to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DKK to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DKK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 145.5526. Conversely, the yearly low was recorded on January 3, dropping to 118.7489.
This high-to-low spread represents a total annual volatility of 26.8037 ARS. From a start-to-finish perspective, comparing the January average rate of 119.6045 to the December average rate of 143.1811, the exchange rate registered a net change of 19.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 145.5526 was up 20.98% compared to the 2023 peak of 120.3113, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DKK to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 124.6147, compared to 140.7733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.1585 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 7.4498 ARS (High: 142.1365 / Low: 134.6867). On the other end, January was the most stable month, with a tight range of 1.3667 ARS (High: 120.1156 / Low: 118.7489).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6872 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 142.3563) against the same month in 2023 (average: 51.2497), the exchange rate shifted by +91.1066 (+177.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 120.1156 | 118.7489 | 119.6045 |
| February | 122.3934 | 119.4115 | 120.7665 |
| March | 125.1389 | 122.4279 | 123.9472 |
| April | 125.9663 | 123.4243 | 124.7091 |
| May | 130.0682 | 125.4316 | 128.3266 |
| June | 131.1831 | 129.4101 | 130.3346 |
| July | 135.3618 | 131.4886 | 134.1043 |
| August | 142.1365 | 134.6867 | 138.9579 |
| September | 144.9774 | 141.1529 | 142.9965 |
| October | 144.4963 | 142.2618 | 143.0435 |
| November | 145.5526 | 140.2197 | 142.3563 |
| December | 144.0336 | 141.8145 | 143.1811 |