2024 DKK to COP Historical Review

YEARLY HIGH

648.8050 COP

YEARLY LOW

544.1858 COP

YEARLY AVERAGE

590.5082 COP

2024 DKK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 648.8050. Conversely, the yearly low was recorded on April 13, dropping to 544.1858.

This high-to-low spread represents a total annual volatility of 104.6192 COP. From a start-to-finish perspective, comparing the January average rate of 573.3350 to the December average rate of 616.5790, the exchange rate registered a net change of 7.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 648.8050 was down 8.41% compared to the 2023 peak of 708.4003, 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 3,244,025 COP

2023 Average 3,136,787 COP

Yearly Trough Low 2,720,929 COP

Transaction Impact: A difference of 523,096.06 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

634.8853

548.2078

JanuMarcMayJulySeptNove

DKK to COP 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 568.3949, compared to 612.6215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.2266 points.

H1 Avg (Jan–Jun) 568.3949

H2 Avg (Jul–Dec) 612.6215

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 39.4557 COP (High: 600.5767 / Low: 561.1209). On the other end, May was the most stable month, with a tight range of 10.4164 COP (High: 564.3284 / Low: 553.9119).

June Spread (Volatile) ±39.4557

May Spread (Stable) ±10.4164

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 12.6587 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -12.6587

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 627.6621) against the same month in 2023 (average: 584.6977), the exchange rate shifted by +42.9645 (+7.35%).

2024 Avg (November) 627.6621

2023 Avg (November) 584.6977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	580.5038	568.1675	573.3350
February	577.0234	563.7998	568.7157
March	575.7461	558.0932	568.0896
April	568.9041	544.1858	555.4309
May	564.3284	553.9119	560.0001
June	600.5767	561.1209	584.7983
July	595.8734	576.8232	587.4279
August	611.3494	585.3383	599.1756
September	633.6774	612.2470	623.0174
October	643.7940	610.2735	621.8673
November	648.8050	613.2392	627.6621
December	629.5061	607.2005	616.5790