2024 DKK to AZN Historical Review

YEARLY HIGH

0.2551 AZN

YEARLY LOW

0.2358 AZN

YEARLY AVERAGE

0.2466 AZN

2024 DKK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2551. Conversely, the yearly low was recorded on December 18, dropping to 0.2358.

This high-to-low spread represents a total annual volatility of 0.0193 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2487 to the December average rate of 0.2387, the exchange rate registered a net change of -4.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2551 was down 0.53% compared to the 2023 peak of 0.2565, 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 1,276 AZN

2023 Average 1,234 AZN

Yearly Trough Low 1,179 AZN

Transaction Impact: A difference of 96.41 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2546

0.2372

JanuMarcMayJulySeptNove

DKK to AZN 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 0.2464, compared to 0.2468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.2464

H2 Avg (Jul–Dec) 0.2468

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0117 AZN (High: 0.2492 / Low: 0.2375). On the other end, March was the most stable month, with a tight range of 0.0038 AZN (High: 0.2497 / Low: 0.2460).

November Spread (Volatile) ±0.0117

March Spread (Stable) ±0.0038

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 0.0061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2531) against the same month in 2023 (average: 0.2434), the exchange rate shifted by +0.0098 (+4.01%).

2024 Avg (September) 0.2531

2023 Avg (September) 0.2434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2517	0.2464	0.2487
February	0.2480	0.2442	0.2461
March	0.2497	0.2460	0.2478
April	0.2476	0.2420	0.2444
May	0.2481	0.2443	0.2464
June	0.2486	0.2434	0.2452
July	0.2493	0.2447	0.2473
August	0.2551	0.2457	0.2511
September	0.2551	0.2508	0.2531
October	0.2522	0.2457	0.2483
November	0.2492	0.2375	0.2422
December	0.2413	0.2358	0.2387