2024 DKK to INR Historical Review

YEARLY HIGH

12.5746 INR

YEARLY LOW

11.7959 INR

YEARLY AVERAGE

12.1370 INR

2024 DKK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 12.5746. Conversely, the yearly low was recorded on November 23, dropping to 11.7959.

This high-to-low spread represents a total annual volatility of 0.7788 INR. From a start-to-finish perspective, comparing the January average rate of 12.1567 to the December average rate of 11.9343, the exchange rate registered a net change of -1.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.5746 was up 1.35% compared to the 2023 peak of 12.4075, 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 62,873 INR

2023 Average 59,933 INR

Yearly Trough Low 58,979 INR

Transaction Impact: A difference of 3,893.91 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.5329

11.8799

JanuMarcMayJulySeptNove

DKK to INR 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 12.0640, compared to 12.2100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1460 points.

H1 Avg (Jan–Jun) 12.0640

H2 Avg (Jul–Dec) 12.2100

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5363 INR (High: 12.3322 / Low: 11.7959). On the other end, March was the most stable month, with a tight range of 0.1344 INR (High: 12.1811 / Low: 12.0467).

November Spread (Volatile) ±0.5363

March Spread (Stable) ±0.1344

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 0.2582 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.3915) against the same month in 2023 (average: 12.1250), the exchange rate shifted by +0.2665 (+2.20%).

2024 Avg (August) 12.3915

2023 Avg (August) 12.1250

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3170	12.0366	12.1567
February	12.0995	11.9331	12.0126
March	12.1811	12.0467	12.1042
April	12.1285	11.8929	11.9878
May	12.1721	11.9863	12.0806
June	12.2068	11.9672	12.0423
July	12.2561	12.0115	12.1602
August	12.5746	12.1055	12.3915
September	12.5442	12.3928	12.4784
October	12.4427	12.1504	12.2769
November	12.3322	11.7959	12.0187
December	12.0209	11.8145	11.9343