2024 DKK to NPR Historical Review

YEARLY HIGH

20.1438 NPR

YEARLY LOW

18.8615 NPR

YEARLY AVERAGE

19.4136 NPR

2024 DKK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 20.1438. Conversely, the yearly low was recorded on November 23, dropping to 18.8615.

This high-to-low spread represents a total annual volatility of 1.2824 NPR. From a start-to-finish perspective, comparing the January average rate of 19.4485 to the December average rate of 19.0779, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.1438 was up 0.98% compared to the 2023 peak of 19.9475, 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 100,719 NPR

2023 Average 95,866 NPR

Yearly Trough Low 94,307 NPR

Transaction Impact: A difference of 6,411.81 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.0586

18.9887

JanuMarcMayJulySeptNove

DKK to NPR 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 19.2969, compared to 19.5304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2334 points.

H1 Avg (Jan–Jun) 19.2969

H2 Avg (Jul–Dec) 19.5304

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.8735 NPR (High: 19.7350 / Low: 18.8615). On the other end, May was the most stable month, with a tight range of 0.2582 NPR (High: 19.4637 / Low: 19.2055).

November Spread (Volatile) ±0.8735

May Spread (Stable) ±0.2582

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 0.4255 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 19.8114) against the same month in 2023 (average: 19.3928), the exchange rate shifted by +0.4186 (+2.16%).

2024 Avg (August) 19.8114

2023 Avg (August) 19.3928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.7588	19.2215	19.4485
February	19.3563	19.0687	19.2287
March	19.5093	19.2259	19.3482
April	19.3930	18.9868	19.1645
May	19.4637	19.2055	19.3285
June	19.5004	19.1166	19.2632
July	19.5961	19.2291	19.4481
August	20.1438	19.3524	19.8114
September	20.0938	19.8121	19.9695
October	19.8919	19.4577	19.6504
November	19.7350	18.8615	19.2248
December	19.2456	18.8628	19.0779