2024 DKK to LYD Historical Review

YEARLY HIGH

0.7149 LYD

YEARLY LOW

0.6787 LYD

YEARLY AVERAGE

0.7006 LYD

2024 DKK to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.7149. Conversely, the yearly low was recorded on December 18, dropping to 0.6787.

This high-to-low spread represents a total annual volatility of 0.0362 LYD. From a start-to-finish perspective, comparing the January average rate of 0.7028 to the December average rate of 0.6869, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7149 was down 0.37% compared to the 2023 peak of 0.7175, 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 3,574 LYD

2023 Average 3,491 LYD

Yearly Trough Low 3,393 LYD

Transaction Impact: A difference of 181.22 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7105

0.6848

JanuMarcMayJulySeptNove

DKK to LYD 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 0.7010, compared to 0.7002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.7010

H2 Avg (Jul–Dec) 0.7002

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0235 LYD (High: 0.7059 / Low: 0.6824). On the other end, October was the most stable month, with a tight range of 0.0082 LYD (High: 0.7042 / Low: 0.6960).

November Spread (Volatile) ±0.0235

October Spread (Stable) ±0.0082

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 0.0079 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.7074) against the same month in 2023 (average: 0.7039), the exchange rate shifted by +0.0035 (+0.50%).

2024 Avg (August) 0.7074

2023 Avg (August) 0.7039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7074	0.6988	0.7028
February	0.7047	0.6957	0.7006
March	0.7103	0.6945	0.7025
April	0.7044	0.6877	0.6971
May	0.7085	0.6995	0.7031
June	0.7091	0.6936	0.6996
July	0.7087	0.7000	0.7046
August	0.7149	0.6982	0.7074
September	0.7137	0.7032	0.7084
October	0.7042	0.6960	0.7008
November	0.7059	0.6824	0.6929
December	0.6929	0.6787	0.6869