YEARLY HIGH
0.1331 CHF
YEARLY LOW
0.1243 CHF
YEARLY AVERAGE
0.1277 CHF

2024 DKK to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.1331. Conversely, the yearly low was recorded on December 9, dropping to 0.1243.

This high-to-low spread represents a total annual volatility of 0.0088 CHF. From a start-to-finish perspective, comparing the January average rate of 0.1255 to the December average rate of 0.1252, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1331 was down 1.67% compared to the 2023 peak of 0.1354, 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 666 CHF
2023 Average 652 CHF
Yearly Trough Low 622 CHF
Transaction Impact: A difference of 44.08 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1324
0.1246
JanuMarcMayJulySeptNove

DKK to CHF 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 0.1289, compared to 0.1265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1289
H2 Avg (Jul–Dec) 0.1265

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0040 CHF (High: 0.1313 / Low: 0.1273). On the other end, October was the most stable month, with a tight range of 0.0011 CHF (High: 0.1264 / Low: 0.1253).

June Spread (Volatile) ±0.0040
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1317) against the same month in 2023 (average: 0.1310), the exchange rate shifted by +0.0008 (+0.59%).

2024 Avg (May) 0.1317
2023 Avg (May) 0.1310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1269 0.1244 0.1255
February 0.1282 0.1251 0.1270
March 0.1313 0.1285 0.1295
April 0.1318 0.1299 0.1308
May 0.1331 0.1306 0.1317
June 0.1313 0.1273 0.1290
July 0.1309 0.1274 0.1297
August 0.1283 0.1249 0.1267
September 0.1273 0.1250 0.1261
October 0.1264 0.1253 0.1258
November 0.1265 0.1245 0.1254
December 0.1262 0.1243 0.1252