YEARLY HIGH
0.1342 EUR
YEARLY LOW
0.1335 EUR
YEARLY AVERAGE
0.1340 EUR

2024 DKK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.1342. Conversely, the yearly low was recorded on March 23, dropping to 0.1335.

This high-to-low spread represents a total annual volatility of 0.0007 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1341 to the December average rate of 0.1341, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1342 was down 0.23% compared to the 2023 peak of 0.1345, 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 671 EUR
2023 Average 671 EUR
Yearly Trough Low 667 EUR
Transaction Impact: A difference of 3.54 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1341
0.1340
JanuMarcMayJulySeptNove

DKK to EUR 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 0.1341, compared to 0.1340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1341
H2 Avg (Jul–Dec) 0.1340

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0007 EUR (High: 0.1342 / Low: 0.1335). On the other end, December was the most stable month, with a tight range of 0.0001 EUR (High: 0.1341 / Low: 0.1340).

March Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1341) against the same month in 2023 (average: 0.1342), the exchange rate shifted by -0.0001 (-0.09%).

2024 Avg (February) 0.1341
2023 Avg (February) 0.1342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1342 0.1339 0.1341
February 0.1342 0.1340 0.1341
March 0.1342 0.1335 0.1341
April 0.1341 0.1338 0.1340
May 0.1341 0.1339 0.1340
June 0.1341 0.1339 0.1340
July 0.1341 0.1338 0.1340
August 0.1341 0.1339 0.1340
September 0.1341 0.1339 0.1340
October 0.1341 0.1340 0.1340
November 0.1341 0.1336 0.1340
December 0.1341 0.1340 0.1341