2024 DKK to GNF Historical Review

YEARLY HIGH

1296.9084 GNF

YEARLY LOW

1198.5865 GNF

YEARLY AVERAGE

1249.2094 GNF

2024 DKK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1296.9084. Conversely, the yearly low was recorded on December 18, dropping to 1198.5865.

This high-to-low spread represents a total annual volatility of 98.3219 GNF. From a start-to-finish perspective, comparing the January average rate of 1257.2380 to the December average rate of 1211.7107, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1296.9084 was down 0.18% compared to the 2023 peak of 1299.2758, 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 6,484,542 GNF

2023 Average 6,255,937 GNF

Yearly Trough Low 5,992,932 GNF

Transaction Impact: A difference of 491,609.49 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1294.1264

1204.2184

JanuMarcMayJulySeptNove

DKK to GNF 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 1246.0314, compared to 1252.3875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3560 points.

H1 Avg (Jan–Jun) 1246.0314

H2 Avg (Jul–Dec) 1252.3875

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 61.0375 GNF (High: 1264.8826 / Low: 1203.8451). On the other end, May was the most stable month, with a tight range of 18.7946 GNF (High: 1253.9766 / Low: 1235.1819).

November Spread (Volatile) ±61.0375

May Spread (Stable) ±18.7946

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 32.7262 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -32.7262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1286.6341) against the same month in 2023 (average: 1231.8586), the exchange rate shifted by +54.7755 (+4.45%).

2024 Avg (September) 1286.6341

2023 Avg (September) 1231.8586

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1276.4496	1245.0143	1257.2380
February	1256.0358	1235.2517	1245.4759
March	1263.3521	1239.8768	1252.3019
April	1251.0386	1222.9231	1234.6245
May	1253.9766	1235.1819	1245.3631
June	1257.4299	1231.7232	1241.1852
July	1262.7301	1237.9763	1252.1632
August	1294.9155	1245.3786	1273.0149
September	1296.9084	1275.1151	1286.6341
October	1286.8785	1246.8204	1261.7641
November	1264.8826	1203.8451	1229.0379
December	1224.1773	1198.5865	1211.7107