2024 DKK to MNT Historical Review

YEARLY HIGH

510.7252 MNT

YEARLY LOW

471.3835 MNT

YEARLY AVERAGE

497.1001 MNT

2024 DKK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 510.7252. Conversely, the yearly low was recorded on December 18, dropping to 471.3835.

This high-to-low spread represents a total annual volatility of 39.3417 MNT. From a start-to-finish perspective, comparing the January average rate of 504.6487 to the December average rate of 477.0678, the exchange rate registered a net change of -5.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 510.7252 was down 3.80% compared to the 2023 peak of 530.8893, 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 2,553,626 MNT

2023 Average 2,513,203 MNT

Yearly Trough Low 2,356,917 MNT

Transaction Impact: A difference of 196,708.66 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

508.8767

474.1761

JanuMarcMayJulySeptNove

DKK to MNT 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 500.0602, compared to 494.1400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.9202 points.

H1 Avg (Jan–Jun) 500.0602

H2 Avg (Jul–Dec) 494.1400

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 23.4810 MNT (High: 498.1747 / Low: 474.6937). On the other end, March was the most stable month, with a tight range of 7.6490 MNT (High: 506.8098 / Low: 499.1608).

November Spread (Volatile) ±23.4810

March Spread (Stable) ±7.6490

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 12.2644 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -12.2644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 504.6487) against the same month in 2023 (average: 493.9474), the exchange rate shifted by +10.7013 (+2.17%).

2024 Avg (January) 504.6487

2023 Avg (January) 493.9474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	510.7252	499.9928	504.6487
February	503.2896	495.6265	499.4954
March	506.8098	499.1608	502.7696
April	502.4326	491.1172	495.8052
May	503.4966	495.7979	499.9793
June	504.5261	493.9713	497.6632
July	505.9545	492.4852	499.3665
August	509.8045	491.1936	501.9596
September	509.9237	501.3570	505.9850
October	504.0698	491.1150	496.3627
November	498.1747	474.6937	484.0983
December	482.3466	471.3835	477.0678