2024 DKK to LKR Historical Review

YEARLY HIGH

48.0825 LKR

YEARLY LOW

40.4323 LKR

YEARLY AVERAGE

43.7915 LKR

2024 DKK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 48.0825. Conversely, the yearly low was recorded on December 18, dropping to 40.4323.

This high-to-low spread represents a total annual volatility of 7.6502 LKR. From a start-to-finish perspective, comparing the January average rate of 46.9582 to the December average rate of 40.9532, the exchange rate registered a net change of -12.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 48.0825 was down 11.25% compared to the 2023 peak of 54.1775, 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 240,412 LKR

2023 Average 238,354 LKR

Yearly Trough Low 202,161 LKR

Transaction Impact: A difference of 38,251.00 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.5587

40.3527

JanuMarcMayJulySeptNove

DKK to LKR 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 44.4679, compared to 43.1152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3526 points.

H1 Avg (Jan–Jun) 44.4679

H2 Avg (Jul–Dec) 43.1152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.3657 LKR (High: 48.0825 / Low: 45.7168). On the other end, June was the most stable month, with a tight range of 0.5883 LKR (High: 44.1458 / Low: 43.5575).

January Spread (Volatile) ±2.3657

June Spread (Stable) ±0.5883

Growth Streaks & Declines

Trends

Between April and September, 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 September and October, when the average rate fell by 1.9211 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.9211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 46.9582) against the same month in 2023 (average: 53.0218), the exchange rate shifted by -6.0637 (-11.44%).

2024 Avg (January) 46.9582

2023 Avg (January) 53.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.0825	45.7168	46.9582
February	46.0182	44.9194	45.2187
March	45.1536	43.4148	44.4446
April	43.5200	42.4213	42.9680
May	44.0546	42.7549	43.3716
June	44.1458	43.5575	43.8461
July	44.5346	43.8287	44.1539
August	45.0277	43.7463	44.3140
September	45.6746	44.2475	44.7995
October	43.7421	42.4109	42.8784
November	42.9734	40.6484	41.5924
December	41.3462	40.4323	40.9532