2024 DKK to BAM Historical Review

YEARLY HIGH

0.2646 BAM

YEARLY LOW

0.2585 BAM

YEARLY AVERAGE

0.2621 BAM

2024 DKK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.2646. Conversely, the yearly low was recorded on December 18, dropping to 0.2585.

This high-to-low spread represents a total annual volatility of 0.0061 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2621 to the December average rate of 0.2620, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2646 was down 1.07% compared to the 2023 peak of 0.2674, 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 1,323 BAM

2023 Average 1,312 BAM

Yearly Trough Low 1,292 BAM

Transaction Impact: A difference of 30.43 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2625

0.2618

JanuMarcMayJulySeptNove

DKK to BAM 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 0.2621, compared to 0.2621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.2621

H2 Avg (Jul–Dec) 0.2621

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0052 BAM (High: 0.2637 / Low: 0.2585). On the other end, July was the most stable month, with a tight range of 0.0018 BAM (High: 0.2630 / Low: 0.2613).

December Spread (Volatile) ±0.0052

July Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.2622) against the same month in 2023 (average: 0.2627), the exchange rate shifted by -0.0005 (-0.18%).

2024 Avg (March) 0.2622

2023 Avg (March) 0.2627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2629	0.2610	0.2621
February	0.2632	0.2601	0.2622
March	0.2646	0.2608	0.2622
April	0.2636	0.2594	0.2619
May	0.2639	0.2613	0.2623
June	0.2638	0.2598	0.2621
July	0.2630	0.2613	0.2622
August	0.2641	0.2615	0.2624
September	0.2638	0.2609	0.2621
October	0.2632	0.2613	0.2622
November	0.2637	0.2606	0.2620
December	0.2637	0.2585	0.2620