YEARLY HIGH
2.8126 LSL
YEARLY LOW
2.4803 LSL
YEARLY AVERAGE
2.6584 LSL

2024 DKK to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.8126. Conversely, the yearly low was recorded on December 12, dropping to 2.4803.

This high-to-low spread represents a total annual volatility of 0.3323 LSL. From a start-to-finish perspective, comparing the January average rate of 2.7488 to the December average rate of 2.5588, the exchange rate registered a net change of -6.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8126 was down 1.56% compared to the 2023 peak of 2.8571, 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 14,063 LSL
2023 Average 13,398 LSL
Yearly Trough Low 12,401 LSL
Transaction Impact: A difference of 1,661.64 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7683
2.5345
JanuMarcMayJulySeptNove

DKK to LSL 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 2.7136, compared to 2.6032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1104 points.

H1 Avg (Jan–Jun) 2.7136
H2 Avg (Jul–Dec) 2.6032

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2029 LSL (High: 2.7655 / Low: 2.5626). On the other end, October was the most stable month, with a tight range of 0.0479 LSL (High: 2.5888 / Low: 2.5409).

June Spread (Volatile) ±0.2029
October Spread (Stable) ±0.0479

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0550 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.7478) against the same month in 2023 (average: 2.5720), the exchange rate shifted by +0.1758 (+6.83%).

2024 Avg (February) 2.7478
2023 Avg (February) 2.5720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7963 2.7113 2.7488
February 2.8126 2.6919 2.7478
March 2.7784 2.7145 2.7485
April 2.7545 2.6362 2.7119
May 2.7129 2.6317 2.6661
June 2.7655 2.5626 2.6586
July 2.6841 2.6068 2.6521
August 2.7250 2.6125 2.6638
September 2.6630 2.5668 2.6228
October 2.5888 2.5409 2.5678
November 2.5861 2.5287 2.5540
December 2.6226 2.4803 2.5588