2024 DKK to LRD Historical Review

YEARLY HIGH

29.9403 LRD

YEARLY LOW

25.1101 LRD

YEARLY AVERAGE

27.7720 LRD

2024 DKK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 29.9403. Conversely, the yearly low was recorded on December 18, dropping to 25.1101.

This high-to-low spread represents a total annual volatility of 4.8303 LRD. From a start-to-finish perspective, comparing the January average rate of 27.6658 to the December average rate of 25.3521, the exchange rate registered a net change of -8.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.9403 was up 6.62% compared to the 2023 peak of 28.0801, 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 149,702 LRD

2023 Average 126,838 LRD

Yearly Trough Low 125,550 LRD

Transaction Impact: A difference of 24,151.38 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.4998

24.9750

JanuMarcMayJulySeptNove

DKK to LRD 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 27.8389, compared to 27.7052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1337 points.

H1 Avg (Jan–Jun) 27.8389

H2 Avg (Jul–Dec) 27.7052

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.9196 LRD (High: 28.0666 / Low: 25.1470). On the other end, January was the most stable month, with a tight range of 0.3653 LRD (High: 27.9011 / Low: 27.5358).

November Spread (Volatile) ±2.9196

January Spread (Stable) ±0.3653

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 1.7795 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.7795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 29.1228) against the same month in 2023 (average: 26.6778), the exchange rate shifted by +2.4450 (+9.16%).

2024 Avg (September) 29.1228

2023 Avg (September) 26.6778

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.9011	27.5358	27.6658
February	27.7752	27.3672	27.5769
March	28.2859	27.8819	28.0444
April	28.1071	26.7623	27.6999
May	28.2432	27.7934	28.0507
June	28.3449	27.7721	27.9956
July	28.6142	27.9984	28.3504
August	29.2560	28.2530	28.8876
September	29.9403	28.7696	29.1228
October	28.7452	27.7951	28.1488
November	28.0666	25.1470	26.3693
December	25.5378	25.1101	25.3521