2024 DKK to BZD Historical Review

YEARLY HIGH

0.3026 BZD

YEARLY LOW

0.2787 BZD

YEARLY AVERAGE

0.2923 BZD

2024 DKK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.3026. Conversely, the yearly low was recorded on December 18, dropping to 0.2787.

This high-to-low spread represents a total annual volatility of 0.0239 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2948 to the December average rate of 0.2825, the exchange rate registered a net change of -4.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3026 was down 0.46% compared to the 2023 peak of 0.3040, 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 1,513 BZD

2023 Average 1,462 BZD

Yearly Trough Low 1,394 BZD

Transaction Impact: A difference of 119.29 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3020

0.2807

JanuMarcMayJulySeptNove

DKK to BZD 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 0.2921, compared to 0.2925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.2921

H2 Avg (Jul–Dec) 0.2925

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0138 BZD (High: 0.2956 / Low: 0.2818). On the other end, May was the most stable month, with a tight range of 0.0045 BZD (High: 0.2941 / Low: 0.2896).

November Spread (Volatile) ±0.0138

May Spread (Stable) ±0.0045

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 0.0074 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3002) against the same month in 2023 (average: 0.2885), the exchange rate shifted by +0.0117 (+4.05%).

2024 Avg (September) 0.3002

2023 Avg (September) 0.2885

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2992	0.2916	0.2948
February	0.2942	0.2896	0.2919
March	0.2960	0.2908	0.2936
April	0.2934	0.2868	0.2896
May	0.2941	0.2896	0.2920
June	0.2946	0.2884	0.2908
July	0.2955	0.2902	0.2931
August	0.3025	0.2911	0.2975
September	0.3026	0.2973	0.3002
October	0.2988	0.2913	0.2946
November	0.2956	0.2818	0.2872
December	0.2863	0.2787	0.2825