YEARLY HIGH
135.0593 KPW
YEARLY LOW
124.8514 KPW
YEARLY AVERAGE
130.5515 KPW

2024 DKK to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 135.0593. Conversely, the yearly low was recorded on December 18, dropping to 124.8514.

This high-to-low spread represents a total annual volatility of 10.2078 KPW. From a start-to-finish perspective, comparing the January average rate of 131.6475 to the December average rate of 126.3570, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 135.0593 was down 0.53% compared to the 2023 peak of 135.7773, 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 675,296 KPW
2023 Average 653,288 KPW
Yearly Trough Low 624,257 KPW
Transaction Impact: A difference of 51,039.12 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

134.7819
125.5911
JanuMarcMayJulySeptNove

DKK to KPW 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 130.4505, compared to 130.6525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2020 points.

H1 Avg (Jan–Jun) 130.4505
H2 Avg (Jul–Dec) 130.6525

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 6.2192 KPW (High: 131.9474 / Low: 125.7282). On the other end, March was the most stable month, with a tight range of 1.9954 KPW (High: 132.2113 / Low: 130.2159).

November Spread (Volatile) ±6.2192
March Spread (Stable) ±1.9954

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 3.2484 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.2484

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 134.0160) against the same month in 2023 (average: 128.8464), the exchange rate shifted by +5.1696 (+4.01%).

2024 Avg (September) 134.0160
2023 Avg (September) 128.8464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 133.2327 130.4329 131.6475
February 131.2929 129.2939 130.3031
March 132.2113 130.2159 131.1573
April 131.0694 128.1175 129.3405
May 131.3469 129.3386 130.4294
June 131.6155 128.8621 129.8252
July 131.9881 129.5557 130.9055
August 135.0277 130.0984 132.9499
September 135.0593 132.7903 134.0160
October 133.5088 130.0775 131.4675
November 131.9474 125.7282 128.2191
December 127.7551 124.8514 126.3570