YEARLY HIGH
17.9386 BDT
YEARLY LOW
15.6156 BDT
YEARLY AVERAGE
16.7434 BDT

2024 DKK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 17.9386. Conversely, the yearly low was recorded on April 16, dropping to 15.6156.

This high-to-low spread represents a total annual volatility of 2.3230 BDT. From a start-to-finish perspective, comparing the January average rate of 16.0510 to the December average rate of 16.7727, the exchange rate registered a net change of 4.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.9386 was up 9.34% compared to the 2023 peak of 16.4070, 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 89,693 BDT
2023 Average 78,416 BDT
Yearly Trough Low 78,078 BDT
Transaction Impact: A difference of 11,614.81 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.0003
15.5641
JanuMarcMayJulySeptNove

DKK to BDT 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 16.2179, compared to 17.2688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0509 points.

H1 Avg (Jan–Jun) 16.2179
H2 Avg (Jul–Dec) 17.2688

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.3278 BDT (High: 17.0981 / Low: 15.7703). On the other end, February was the most stable month, with a tight range of 0.2502 BDT (High: 16.0175 / Low: 15.7674).

May Spread (Volatile) ±1.3278
February Spread (Stable) ±0.2502

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4401 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 17.7973) against the same month in 2023 (average: 15.7167), the exchange rate shifted by +2.0806 (+13.24%).

2024 Avg (September) 17.7973
2023 Avg (September) 15.7167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.2920 15.8772 16.0510
February 16.0175 15.7674 15.8926
March 16.1172 15.8326 15.9847
April 15.9795 15.6156 15.7671
May 17.0981 15.7703 16.6652
June 17.1646 16.8011 16.9470
July 17.2243 16.9153 17.0867
August 17.9356 16.9705 17.4614
September 17.9386 17.6271 17.7973
October 17.7133 17.2677 17.4675
November 17.5240 16.6895 17.0275
December 16.9746 16.5784 16.7727