2024 DKK to BND Historical Review

YEARLY HIGH

0.1974 BND

YEARLY LOW

0.1874 BND

YEARLY AVERAGE

0.1938 BND

2024 DKK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 0.1974. Conversely, the yearly low was recorded on December 18, dropping to 0.1874.

This high-to-low spread represents a total annual volatility of 0.0100 BND. From a start-to-finish perspective, comparing the January average rate of 0.1953 to the December average rate of 0.1895, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1974 was down 1.33% compared to the 2023 peak of 0.2001, 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 987 BND

2023 Average 974 BND

Yearly Trough Low 937 BND

Transaction Impact: A difference of 50.00 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1965

0.1889

JanuMarcMayJulySeptNove

DKK to BND 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 0.1952, compared to 0.1924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1952

H2 Avg (Jul–Dec) 0.1924

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0048 BND (High: 0.1930 / Low: 0.1882). On the other end, July was the most stable month, with a tight range of 0.0018 BND (High: 0.1966 / Low: 0.1949).

November Spread (Volatile) ±0.0048

July Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0017 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.1950) against the same month in 2023 (average: 0.1958), the exchange rate shifted by -0.0008 (-0.42%).

2024 Avg (June) 0.1950

2023 Avg (June) 0.1958

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1961	0.1939	0.1953
February	0.1956	0.1932	0.1947
March	0.1972	0.1944	0.1954
April	0.1963	0.1931	0.1949
May	0.1971	0.1945	0.1958
June	0.1974	0.1939	0.1950
July	0.1966	0.1949	0.1958
August	0.1964	0.1929	0.1943
September	0.1939	0.1914	0.1930
October	0.1928	0.1904	0.1914
November	0.1930	0.1882	0.1904
December	0.1904	0.1874	0.1895