YEARLY HIGH
79.0997 CRC
YEARLY LOW
69.8212 CRC
YEARLY AVERAGE
74.7956 CRC

2024 DKK to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 79.0997. Conversely, the yearly low was recorded on December 18, dropping to 69.8212.

This high-to-low spread represents a total annual volatility of 9.2785 CRC. From a start-to-finish perspective, comparing the January average rate of 75.6221 to the December average rate of 71.0179, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 79.0997 was down 7.13% compared to the 2023 peak of 85.1770, 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 395,498 CRC
2023 Average 393,065 CRC
Yearly Trough Low 349,106 CRC
Transaction Impact: A difference of 46,392.49 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

78.1510
70.3694
JanuMarcMayJulySeptNove

DKK to CRC 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 74.4883, compared to 75.1030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6147 points.

H1 Avg (Jan–Jun) 74.4883
H2 Avg (Jul–Dec) 75.1030

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.8397 CRC (High: 74.9791 / Low: 71.1394). On the other end, February was the most stable month, with a tight range of 1.0039 CRC (High: 75.2333 / Low: 74.2294).

November Spread (Volatile) ±3.8397
February Spread (Stable) ±1.0039

Growth Streaks & Declines

Trends

Between April and August, 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 October and November, when the average rate fell by 2.6804 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.6804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 77.5025) against the same month in 2023 (average: 78.7773), the exchange rate shifted by -1.2748 (-1.62%).

2024 Avg (August) 77.5025
2023 Avg (August) 78.7773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 77.1308 74.1942 75.6221
February 75.2333 74.2294 74.6697
March 75.1280 72.6835 74.1081
April 73.9999 71.2618 72.4396
May 75.7603 73.3242 74.2873
June 77.3034 74.7885 75.8029
July 77.6548 75.5362 76.5926
August 79.0997 75.4912 77.5025
September 78.1277 76.5777 77.3520
October 76.8333 74.4681 75.4167
November 74.9791 71.1394 72.7363
December 72.0156 69.8212 71.0179