YEARLY HIGH
0.2637 BGN
YEARLY LOW
0.2609 BGN
YEARLY AVERAGE
0.2622 BGN

2024 DKK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.2637. Conversely, the yearly low was recorded on March 23, dropping to 0.2609.

This high-to-low spread represents a total annual volatility of 0.0029 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2623 to the December average rate of 0.2622, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2637 was down 0.75% compared to the 2023 peak of 0.2657, 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 1,319 BGN
2023 Average 1,312 BGN
Yearly Trough Low 1,304 BGN
Transaction Impact: A difference of 14.36 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2624
0.2621
JanuMarcMayJulySeptNove

DKK to BGN 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 0.2622, compared to 0.2622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.2622
H2 Avg (Jul–Dec) 0.2622

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0027 BGN (High: 0.2637 / Low: 0.2611). On the other end, August was the most stable month, with a tight range of 0.0005 BGN (High: 0.2624 / Low: 0.2619).

November Spread (Volatile) ±0.0027
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2622) against the same month in 2023 (average: 0.2623), the exchange rate shifted by -0.0001 (-0.03%).

2024 Avg (November) 0.2622
2023 Avg (November) 0.2623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2626 0.2619 0.2623
February 0.2628 0.2622 0.2624
March 0.2629 0.2609 0.2622
April 0.2624 0.2610 0.2621
May 0.2634 0.2617 0.2621
June 0.2627 0.2614 0.2621
July 0.2625 0.2613 0.2621
August 0.2624 0.2619 0.2621
September 0.2634 0.2618 0.2622
October 0.2626 0.2619 0.2622
November 0.2637 0.2611 0.2622
December 0.2627 0.2611 0.2622