YEARLY HIGH
145.5526 ARS
YEARLY LOW
118.7489 ARS
YEARLY AVERAGE
132.6940 ARS

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.

Transfer Payout Power Comparison

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

Yearly Peak High 727,763 ARS
2023 Average 215,106 ARS
Yearly Trough Low 593,745 ARS
Transaction Impact: A difference of 134,018.61 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

145.5387
117.2468
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 124.6147
H2 Avg (Jul–Dec) 140.7733

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±7.4498
January Spread (Stable) ±1.3667

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.6872

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (November) 142.3563
2023 Avg (November) 51.2497

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