YEARLY HIGH
6.9269 MUR
YEARLY LOW
6.1942 MUR
YEARLY AVERAGE
6.6999 MUR

2024 DKK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 6.9269. Conversely, the yearly low was recorded on March 12, dropping to 6.1942.

This high-to-low spread represents a total annual volatility of 0.7327 MUR. From a start-to-finish perspective, comparing the January average rate of 6.5346 to the December average rate of 6.5762, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.9269 was up 1.07% compared to the 2023 peak of 6.8533, 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 34,635 MUR
2023 Average 32,738 MUR
Yearly Trough Low 30,971 MUR
Transaction Impact: A difference of 3,663.35 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.8804
6.5032
JanuMarcMayJulySeptNove

DKK to MUR 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 6.6570, compared to 6.7427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0856 points.

H1 Avg (Jan–Jun) 6.6570
H2 Avg (Jul–Dec) 6.7427

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5669 MUR (High: 6.7612 / Low: 6.1942). On the other end, May was the most stable month, with a tight range of 0.0581 MUR (High: 6.7145 / Low: 6.6564).

March Spread (Volatile) ±0.5669
May Spread (Stable) ±0.0581

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1173 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 6.8432) against the same month in 2023 (average: 6.6583), the exchange rate shifted by +0.1849 (+2.78%).

2024 Avg (August) 6.8432
2023 Avg (August) 6.6583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.6858 6.4592 6.5346
February 6.7987 6.5262 6.6387
March 6.7612 6.1942 6.6900
April 6.8003 6.6203 6.6760
May 6.7145 6.6564 6.6823
June 6.7941 6.6165 6.7207
July 6.8414 6.7268 6.7975
August 6.9269 6.7420 6.8432
September 6.9063 6.7944 6.8489
October 6.8595 6.6296 6.7538
November 6.7484 6.5128 6.6365
December 6.6303 6.4618 6.5762