YEARLY HIGH
12.5897 BTN
YEARLY LOW
11.7892 BTN
YEARLY AVERAGE
12.1335 BTN

2024 DKK to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 12.5897. Conversely, the yearly low was recorded on December 18, dropping to 11.7892.

This high-to-low spread represents a total annual volatility of 0.8004 BTN. From a start-to-finish perspective, comparing the January average rate of 12.1557 to the December average rate of 11.9265, the exchange rate registered a net change of -1.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.5897 was up 0.97% compared to the 2023 peak of 12.4691, 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 62,948 BTN
2023 Average 59,917 BTN
Yearly Trough Low 58,946 BTN
Transaction Impact: A difference of 4,002.21 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.5353
11.8711
JanuMarcMayJulySeptNove

DKK to BTN 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 12.0602, compared to 12.2068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1466 points.

H1 Avg (Jan–Jun) 12.0602
H2 Avg (Jul–Dec) 12.2068

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5338 BTN (High: 12.3344 / Low: 11.8006). On the other end, May was the most stable month, with a tight range of 0.1616 BTN (High: 12.1650 / Low: 12.0035).

November Spread (Volatile) ±0.5338
May Spread (Stable) ±0.1616

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 0.2656 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2656

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.3822) against the same month in 2023 (average: 12.1206), the exchange rate shifted by +0.2616 (+2.16%).

2024 Avg (August) 12.3822
2023 Avg (August) 12.1206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.3492 12.0134 12.1557
February 12.0977 11.9179 12.0151
March 12.1933 12.0162 12.0919
April 12.1215 11.8667 11.9778
May 12.1650 12.0035 12.0793
June 12.1877 11.9479 12.0415
July 12.2476 12.0182 12.1550
August 12.5897 12.0952 12.3822
September 12.5586 12.3827 12.4799
October 12.4324 12.1611 12.2815
November 12.3344 11.8006 12.0159
December 12.0285 11.7892 11.9265