2024 DKK to MXN Historical Review

YEARLY HIGH

2.9685 MXN

YEARLY LOW

2.3642 MXN

YEARLY AVERAGE

2.6567 MXN

2024 DKK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 2.9685. Conversely, the yearly low was recorded on April 11, dropping to 2.3642.

This high-to-low spread represents a total annual volatility of 0.6043 MXN. From a start-to-finish perspective, comparing the January average rate of 2.4950 to the December average rate of 2.8434, the exchange rate registered a net change of 13.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9685 was up 5.77% compared to the 2023 peak of 2.8065, 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 14,842 MXN

2023 Average 12,868 MXN

Yearly Trough Low 11,821 MXN

Transaction Impact: A difference of 3,021.33 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9685

2.3656

JanuMarcMayJulySeptNove

DKK to MXN 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 2.4811, compared to 2.8323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3512 points.

H1 Avg (Jan–Jun) 2.4811

H2 Avg (Jul–Dec) 2.8323

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2492 MXN (High: 2.7192 / Low: 2.4700). On the other end, February was the most stable month, with a tight range of 0.0339 MXN (High: 2.4917 / Low: 2.4578).

June Spread (Volatile) ±0.2492

February Spread (Stable) ±0.0339

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 November and December, when the average rate fell by 0.0516 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.9182) against the same month in 2023 (average: 2.4763), the exchange rate shifted by +0.4419 (+17.85%).

2024 Avg (September) 2.9182

2023 Avg (September) 2.4763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5208	2.4718	2.4950
February	2.4917	2.4578	2.4744
March	2.4791	2.3961	2.4437
April	2.4746	2.3642	2.4159
May	2.4756	2.4098	2.4344
June	2.7192	2.4700	2.6234
July	2.7206	2.5758	2.6332
August	2.9644	2.7368	2.8297
September	2.9685	2.8469	2.9182
October	2.9354	2.8261	2.8741
November	2.9537	2.8538	2.8950
December	2.8962	2.8072	2.8434