YEARLY HIGH
144.7577 CLP
YEARLY LOW
129.0659 CLP
YEARLY AVERAGE
136.8981 CLP

2024 DKK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 6, valuing the pair at 144.7577. Conversely, the yearly low was recorded on January 3, dropping to 129.0659.

This high-to-low spread represents a total annual volatility of 15.6918 CLP. From a start-to-finish perspective, comparing the January average rate of 132.9411 to the December average rate of 138.0927, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 144.7577 was up 7.97% compared to the 2023 peak of 134.0661, 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 723,788 CLP
2023 Average 609,779 CLP
Yearly Trough Low 645,329 CLP
Transaction Impact: A difference of 78,459.07 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

141.7471
132.0366
JanuMarcMayJulySeptNove

DKK to CLP 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 136.3325, compared to 137.4637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1313 points.

H1 Avg (Jan–Jun) 136.3325
H2 Avg (Jul–Dec) 137.4637

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 8.8802 CLP (High: 138.0786 / Low: 129.1984). On the other end, December was the most stable month, with a tight range of 1.7318 CLP (High: 138.8480 / Low: 137.1161).

May Spread (Volatile) ±8.8802
December Spread (Stable) ±1.7318

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 4.5923 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.5923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 140.9379) against the same month in 2023 (average: 116.1131), the exchange rate shifted by +24.8248 (+21.38%).

2024 Avg (March) 140.9379
2023 Avg (March) 116.1131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 135.3174 129.0659 132.9411
February 144.1192 136.3374 139.8807
March 144.7577 137.4554 140.9379
April 141.8662 135.5435 137.4382
May 138.0786 129.1984 132.8458
June 137.0435 131.7473 133.9510
July 138.7156 132.4226 135.9681
August 139.7725 135.0477 137.2524
September 140.5080 134.5842 137.9291
October 140.3009 134.1363 137.0155
November 140.2268 136.4927 138.5246
December 138.8480 137.1161 138.0927