2024 DKK to MMK Historical Review

YEARLY HIGH

474.3054 MMK

YEARLY LOW

291.0425 MMK

YEARLY AVERAGE

307.6704 MMK

2024 DKK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 474.3054. Conversely, the yearly low was recorded on December 18, dropping to 291.0425.

This high-to-low spread represents a total annual volatility of 183.2629 MMK. From a start-to-finish perspective, comparing the January average rate of 307.1183 to the December average rate of 294.5522, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 474.3054 was up 49.77% compared to the 2023 peak of 316.6988, 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 2,371,527 MMK

2023 Average 1,523,665 MMK

Yearly Trough Low 1,455,213 MMK

Transaction Impact: A difference of 916,314.33 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

334.7905

290.8942

JanuMarcMayJulySeptNove

DKK to MMK 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 306.4458, compared to 308.8950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4492 points.

H1 Avg (Jan–Jun) 306.4458

H2 Avg (Jul–Dec) 308.8950

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 170.2342 MMK (High: 474.3054 / Low: 304.0712). On the other end, May was the most stable month, with a tight range of 4.6849 MMK (High: 306.4410 / Low: 301.7561).

July Spread (Volatile) ±170.2342

May Spread (Stable) ±4.6849

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 21.2116 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -21.2116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 331.1325) against the same month in 2023 (average: 311.2617), the exchange rate shifted by +19.8708 (+6.38%).

2024 Avg (July) 331.1325

2023 Avg (July) 311.2617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	311.7544	303.7988	307.1183
February	306.4851	301.6984	304.0921
March	308.3967	302.9412	305.8645
April	305.7099	298.8011	301.6708
May	306.4410	301.7561	304.2367
June	357.2596	300.3998	315.6925
July	474.3054	304.0712	331.1325
August	314.7645	303.2737	309.9209
September	314.8381	309.5489	312.4062
October	311.2238	303.2252	306.4652
November	307.5840	293.0863	298.8929
December	297.8114	291.0425	294.5522