2024 DKK to BOB Historical Review

YEARLY HIGH

1.0374 BOB

YEARLY LOW

0.9586 BOB

YEARLY AVERAGE

1.0027 BOB

2024 DKK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1.0374. Conversely, the yearly low was recorded on December 18, dropping to 0.9586.

This high-to-low spread represents a total annual volatility of 0.0788 BOB. From a start-to-finish perspective, comparing the January average rate of 1.0106 to the December average rate of 0.9701, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0374 was down 0.45% compared to the 2023 peak of 1.0421, 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 5,187 BOB

2023 Average 5,014 BOB

Yearly Trough Low 4,793 BOB

Transaction Impact: A difference of 393.92 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0354

0.9642

JanuMarcMayJulySeptNove

DKK to BOB 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 1.0019, compared to 1.0035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 1.0019

H2 Avg (Jul–Dec) 1.0035

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0483 BOB (High: 1.0134 / Low: 0.9651). On the other end, May was the most stable month, with a tight range of 0.0154 BOB (High: 1.0083 / Low: 0.9929).

November Spread (Volatile) ±0.0483

May Spread (Stable) ±0.0154

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 0.0250 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.0294) against the same month in 2023 (average: 0.9890), the exchange rate shifted by +0.0404 (+4.09%).

2024 Avg (September) 1.0294

2023 Avg (September) 0.9890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0258	0.9997	1.0106
February	1.0085	0.9927	1.0008
March	1.0184	0.9968	1.0069
April	1.0060	0.9837	0.9946
May	1.0083	0.9929	1.0013
June	1.0098	0.9880	0.9969
July	1.0129	0.9947	1.0048
August	1.0370	0.9980	1.0201
September	1.0374	1.0193	1.0294
October	1.0242	0.9985	1.0107
November	1.0134	0.9651	0.9858
December	0.9816	0.9586	0.9701