2024 DKK to LBP Historical Review

YEARLY HIGH

13443.2115 LBP

YEARLY LOW

2157.0406 LBP

YEARLY AVERAGE

11431.0256 LBP

2024 DKK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 13443.2115. Conversely, the yearly low was recorded on February 14, dropping to 2157.0406.

This high-to-low spread represents a total annual volatility of 11286.1709 LBP. From a start-to-finish perspective, comparing the January average rate of 2198.5596 to the December average rate of 12568.6290, the exchange rate registered a net change of 471.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13443.2115 was up 490.23% compared to the 2023 peak of 2277.6226, 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 67,216,058 LBP

2023 Average 9,966,319 LBP

Yearly Trough Low 10,785,203 LBP

Transaction Impact: A difference of 56,430,854.66 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14451.7577

1084.6325

JanuMarcMayJulySeptNove

DKK to LBP 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 9861.2998, compared to 13000.7514 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3139.4517 points.

H1 Avg (Jan–Jun) 9861.2998

H2 Avg (Jul–Dec) 13000.7514

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 10881.2170 LBP (High: 13038.2576 / Low: 2157.0406). On the other end, January was the most stable month, with a tight range of 52.8921 LBP (High: 2231.1941 / Low: 2178.3021).

February Spread (Volatile) ±10881.2170

January Spread (Stable) ±52.8921

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 326.5385 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -326.5385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 13337.8306) against the same month in 2023 (average: 2155.0885), the exchange rate shifted by +11182.7421 (+518.90%).

2024 Avg (September) 13337.8306

2023 Avg (September) 2155.0885

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2231.1941	2178.3021	2198.5596
February	13038.2576	2157.0406	5161.7671
March	13163.3012	12920.0457	13049.1719
April	13039.6532	12742.9053	12865.4108
May	13048.5163	12873.1976	12973.2109
June	13090.3455	12808.0063	12919.6784
July	13126.6099	12890.7885	13022.0261
August	13435.2542	12946.1248	13219.4699
September	13443.2115	13213.3656	13337.8306
October	13280.9870	12945.9926	13091.5458
November	13130.2841	12516.9384	12765.0073
December	12718.7327	12423.9489	12568.6290