YEARLY HIGH
1.0161 HRK
YEARLY LOW
1.0053 HRK
YEARLY AVERAGE
1.0102 HRK

2024 DKK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.0161. Conversely, the yearly low was recorded on November 25, dropping to 1.0053.

This high-to-low spread represents a total annual volatility of 0.0108 HRK. From a start-to-finish perspective, comparing the January average rate of 1.0104 to the December average rate of 1.0102, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0161 was up 0.13% compared to the 2023 peak of 1.0148, 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 5,081 HRK
2023 Average 5,056 HRK
Yearly Trough Low 5,027 HRK
Transaction Impact: A difference of 54.17 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0108
1.0097
JanuMarcMayJulySeptNove

DKK to HRK 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 1.0103, compared to 1.0101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 1.0103
H2 Avg (Jul–Dec) 1.0101

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0108 HRK (High: 1.0161 / Low: 1.0053). On the other end, August was the most stable month, with a tight range of 0.0007 HRK (High: 1.0102 / Low: 1.0095).

November Spread (Volatile) ±0.0108
August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1.0105) against the same month in 2023 (average: 1.0103), the exchange rate shifted by +0.0001 (+0.01%).

2024 Avg (November) 1.0105
2023 Avg (November) 1.0103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0107 1.0101 1.0104
February 1.0109 1.0101 1.0107
March 1.0108 1.0101 1.0104
April 1.0108 1.0098 1.0101
May 1.0105 1.0094 1.0100
June 1.0106 1.0092 1.0101
July 1.0103 1.0095 1.0099
August 1.0102 1.0095 1.0098
September 1.0107 1.0096 1.0100
October 1.0111 1.0098 1.0101
November 1.0161 1.0053 1.0105
December 1.0124 1.0069 1.0102