2024 DKK to ILS Historical Review

YEARLY HIGH

0.5660 ILS

YEARLY LOW

0.4975 ILS

YEARLY AVERAGE

0.5369 ILS

2024 DKK to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.5660. Conversely, the yearly low was recorded on December 18, dropping to 0.4975.

This high-to-low spread represents a total annual volatility of 0.0685 ILS. From a start-to-finish perspective, comparing the January average rate of 0.5425 to the December average rate of 0.5087, the exchange rate registered a net change of -6.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5660 was down 2.58% compared to the 2023 peak of 0.5810, 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 2,830 ILS

2023 Average 2,675 ILS

Yearly Trough Low 2,487 ILS

Transaction Impact: A difference of 342.68 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5602

0.5040

JanuMarcMayJulySeptNove

DKK to ILS 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 0.5358, compared to 0.5380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.5358

H2 Avg (Jul–Dec) 0.5380

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0389 ILS (High: 0.5493 / Low: 0.5104). On the other end, May was the most stable month, with a tight range of 0.0093 ILS (High: 0.5410 / Low: 0.5318).

November Spread (Volatile) ±0.0389

May Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0213 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5555) against the same month in 2023 (average: 0.5464), the exchange rate shifted by +0.0091 (+1.67%).

2024 Avg (September) 0.5555

2023 Avg (September) 0.5464

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5541	0.5275	0.5425
February	0.5345	0.5178	0.5276
March	0.5375	0.5185	0.5294
April	0.5491	0.5294	0.5402
May	0.5410	0.5318	0.5365
June	0.5447	0.5336	0.5385
July	0.5454	0.5276	0.5342
August	0.5614	0.5373	0.5497
September	0.5660	0.5376	0.5555
October	0.5628	0.5388	0.5501
November	0.5493	0.5104	0.5300
December	0.5152	0.4975	0.5087