2024 DKK to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DKK to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DKK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 206.0814. Conversely, the yearly low was recorded on January 1, dropping to 189.5812.
This high-to-low spread represents a total annual volatility of 16.5002 KRW. From a start-to-finish perspective, comparing the January average rate of 193.7638 to the December average rate of 202.2637, the exchange rate registered a net change of 4.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 206.0814 was up 3.88% compared to the 2023 peak of 198.3884, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DKK to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 195.7766, compared to 199.7441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9675 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 8.7973 KRW (High: 206.0814 / Low: 197.2842). On the other end, February was the most stable month, with a tight range of 2.8638 KRW (High: 194.1647 / Low: 191.3009).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.6432 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 202.2637) against the same month in 2023 (average: 190.6008), the exchange rate shifted by +11.6628 (+6.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 196.3392 | 189.5812 | 193.7638 |
| February | 194.1647 | 191.3009 | 192.9211 |
| March | 195.7861 | 192.2588 | 194.1785 |
| April | 198.2146 | 195.1616 | 196.8653 |
| May | 201.1914 | 195.5982 | 197.6515 |
| June | 201.2478 | 198.1461 | 199.2794 |
| July | 203.0162 | 198.5552 | 201.0648 |
| August | 201.5665 | 197.8622 | 199.4216 |
| September | 199.4584 | 196.1754 | 198.0553 |
| October | 201.0325 | 196.2197 | 198.9318 |
| November | 202.3061 | 196.1175 | 198.7275 |
| December | 206.0814 | 197.2842 | 202.2637 |