YEARLY HIGH
66.7608 KMF
YEARLY LOW
64.7093 KMF
YEARLY AVERAGE
66.0076 KMF

2024 DKK to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 66.7608. Conversely, the yearly low was recorded on April 12, dropping to 64.7093.

This high-to-low spread represents a total annual volatility of 2.0515 KMF. From a start-to-finish perspective, comparing the January average rate of 66.0192 to the December average rate of 65.9801, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 66.7608 was down 0.84% compared to the 2023 peak of 67.3261, 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 333,804 KMF
2023 Average 330,562 KMF
Yearly Trough Low 323,546 KMF
Transaction Impact: A difference of 10,257.40 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

66.0887
65.9079
JanuMarcMayJulySeptNove

DKK to KMF 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 66.0016, compared to 66.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 66.0016
H2 Avg (Jul–Dec) 66.0135

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 1.5947 KMF (High: 66.3040 / Low: 64.7093). On the other end, October was the most stable month, with a tight range of 0.4616 KMF (High: 66.1862 / Low: 65.7246).

April Spread (Volatile) ±1.5947
October Spread (Stable) ±0.4616

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.1322 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 66.0737) against the same month in 2023 (average: 66.0755), the exchange rate shifted by -0.0018 (-0.00%).

2024 Avg (August) 66.0737
2023 Avg (August) 66.0755

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.2035 65.5772 66.0192
February 66.1716 65.6343 66.0262
March 66.5483 65.7524 66.0307
April 66.3040 64.7093 65.9555
May 66.3304 65.8313 66.0552
June 66.1923 65.2885 65.9230
July 66.3875 65.8273 66.0659
August 66.7608 65.7289 66.0737
September 66.3215 65.7485 66.0428
October 66.1862 65.7246 65.9624
November 66.4101 64.8263 65.9561
December 66.4681 65.4679 65.9801