YEARLY HIGH
3.4178 CZK
YEARLY LOW
3.2888 CZK
YEARLY AVERAGE
3.3676 CZK

2024 DKK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 3.4178. Conversely, the yearly low was recorded on January 8, dropping to 3.2888.

This high-to-low spread represents a total annual volatility of 0.1289 CZK. From a start-to-finish perspective, comparing the January average rate of 3.3143 to the December average rate of 3.3690, the exchange rate registered a net change of 1.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.4178 was up 3.11% compared to the 2023 peak of 3.3145, 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 17,089 CZK
2023 Average 16,106 CZK
Yearly Trough Low 16,444 CZK
Transaction Impact: A difference of 644.62 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.4001
3.3065
JanuMarcMayJulySeptNove

DKK to CZK 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 3.3552, compared to 3.3800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 3.3552
H2 Avg (Jul–Dec) 3.3800

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0837 CZK (High: 3.4178 / Low: 3.3341). On the other end, November was the most stable month, with a tight range of 0.0179 CZK (High: 3.4032 / Low: 3.3853).

February Spread (Volatile) ±0.0837
November Spread (Stable) ±0.0179

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0612 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 3.3862) against the same month in 2023 (average: 3.1849), the exchange rate shifted by +0.2013 (+6.32%).

2024 Avg (February) 3.3862
2023 Avg (February) 3.1849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3383 3.2888 3.3143
February 3.4178 3.3341 3.3862
March 3.4039 3.3712 3.3919
April 3.4106 3.3704 3.3881
May 3.3670 3.3005 3.3269
June 3.3587 3.2915 3.3236
July 3.4069 3.3694 3.3892
August 3.3972 3.3521 3.3735
September 3.3832 3.3543 3.3642
October 3.4025 3.3791 3.3915
November 3.4032 3.3853 3.3923
December 3.3869 3.3543 3.3690