YEARLY HIGH
0.2253 AUD
YEARLY LOW
0.2148 AUD
YEARLY AVERAGE
0.2199 AUD

2024 DKK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.2253. Conversely, the yearly low was recorded on November 22, dropping to 0.2148.

This high-to-low spread represents a total annual volatility of 0.0105 AUD. From a start-to-finish perspective, comparing the January average rate of 0.2202 to the December average rate of 0.2220, the exchange rate registered a net change of 0.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2253 was down 1.55% compared to the 2023 peak of 0.2288, 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 1,126 AUD
2023 Average 1,093 AUD
Yearly Trough Low 1,074 AUD
Transaction Impact: A difference of 52.29 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2227
0.2167
JanuMarcMayJulySeptNove

DKK to AUD 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 0.2201, compared to 0.2196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2201
H2 Avg (Jul–Dec) 0.2196

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0078 AUD (High: 0.2251 / Low: 0.2173). On the other end, May was the most stable month, with a tight range of 0.0027 AUD (High: 0.2201 / Low: 0.2174).

December Spread (Volatile) ±0.0078
May Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2220) against the same month in 2023 (average: 0.2259), the exchange rate shifted by -0.0039 (-1.72%).

2024 Avg (August) 0.2220
2023 Avg (August) 0.2259

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2228 0.2169 0.2202
February 0.2239 0.2209 0.2218
March 0.2239 0.2209 0.2222
April 0.2226 0.2190 0.2209
May 0.2201 0.2174 0.2186
June 0.2196 0.2150 0.2172
July 0.2223 0.2150 0.2179
August 0.2253 0.2186 0.2220
September 0.2228 0.2160 0.2199
October 0.2218 0.2151 0.2179
November 0.2215 0.2148 0.2181
December 0.2251 0.2173 0.2220