2024 DKK to JPY Historical Review

YEARLY HIGH

23.4676 JPY

YEARLY LOW

20.8648 JPY

YEARLY AVERAGE

21.9647 JPY

2024 DKK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 23.4676. Conversely, the yearly low was recorded on January 2, dropping to 20.8648.

This high-to-low spread represents a total annual volatility of 2.6028 JPY. From a start-to-finish perspective, comparing the January average rate of 21.3799 to the December average rate of 21.6241, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.4676 was up 6.65% compared to the 2023 peak of 22.0034, 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 117,338 JPY

2023 Average 101,984 JPY

Yearly Trough Low 104,324 JPY

Transaction Impact: A difference of 13,013.80 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.0772

21.1420

JanuMarcMayJulySeptNove

DKK to JPY 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 22.0631, compared to 21.8663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1968 points.

H1 Avg (Jan–Jun) 22.0631

H2 Avg (Jul–Dec) 21.8663

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.7428 JPY (High: 23.4676 / Low: 21.7248). On the other end, June was the most stable month, with a tight range of 0.5644 JPY (High: 23.1644 / Low: 22.6000).

July Spread (Volatile) ±1.7428

June Spread (Stable) ±0.5644

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.3167 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.3167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 22.9159) against the same month in 2023 (average: 20.9459), the exchange rate shifted by +1.9701 (+9.41%).

2024 Avg (July) 22.9159

2023 Avg (July) 20.9459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.6474	20.8648	21.3799
February	21.9179	21.3173	21.6622
March	22.1080	21.5123	21.8242
April	22.7102	21.8232	22.1364
May	22.8750	22.0351	22.5696
June	23.1644	22.6000	22.8061
July	23.4676	21.7248	22.9159
August	21.9462	21.1928	21.5992
September	21.7737	20.9028	21.3033
October	22.3071	21.3238	21.8969
November	22.2281	21.2370	21.8584
December	22.0784	21.0495	21.6241