YEARLY HIGH
0.3001 BBD
YEARLY LOW
0.2774 BBD
YEARLY AVERAGE
0.2901 BBD

2024 DKK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.3001. Conversely, the yearly low was recorded on December 18, dropping to 0.2774.

This high-to-low spread represents a total annual volatility of 0.0227 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2925 to the December average rate of 0.2808, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3001 was down 0.53% compared to the 2023 peak of 0.3017, 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 1,501 BBD
2023 Average 1,452 BBD
Yearly Trough Low 1,387 BBD
Transaction Impact: A difference of 113.42 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2995
0.2791
JanuMarcMayJulySeptNove

DKK to BBD 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 0.2899, compared to 0.2903 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) 0.2899
H2 Avg (Jul–Dec) 0.2903

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0138 BBD (High: 0.2932 / Low: 0.2794). On the other end, March was the most stable month, with a tight range of 0.0044 BBD (High: 0.2938 / Low: 0.2894).

November Spread (Volatile) ±0.0138
March Spread (Stable) ±0.0044

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 0.0072 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2978) against the same month in 2023 (average: 0.2863), the exchange rate shifted by +0.0115 (+4.01%).

2024 Avg (September) 0.2978
2023 Avg (September) 0.2863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2961 0.2899 0.2925
February 0.2918 0.2873 0.2896
March 0.2938 0.2894 0.2915
April 0.2913 0.2847 0.2874
May 0.2919 0.2874 0.2898
June 0.2925 0.2864 0.2885
July 0.2933 0.2879 0.2909
August 0.3001 0.2891 0.2954
September 0.3001 0.2951 0.2978
October 0.2967 0.2891 0.2921
November 0.2932 0.2794 0.2849
December 0.2839 0.2774 0.2808