2024 DKK to NZD Historical Review

YEARLY HIGH

0.2484 NZD

YEARLY LOW

0.2335 NZD

YEARLY AVERAGE

0.2398 NZD

2024 DKK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.2484. Conversely, the yearly low was recorded on June 15, dropping to 0.2335.

This high-to-low spread represents a total annual volatility of 0.0149 NZD. From a start-to-finish perspective, comparing the January average rate of 0.2369 to the December average rate of 0.2447, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2484 was up 0.70% compared to the 2023 peak of 0.2466, 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 1,242 NZD

2023 Average 1,182 NZD

Yearly Trough Low 1,168 NZD

Transaction Impact: A difference of 74.26 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2457

0.2342

JanuMarcMayJulySeptNove

DKK to NZD 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 0.2381, compared to 0.2416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.2381

H2 Avg (Jul–Dec) 0.2416

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0107 NZD (High: 0.2471 / Low: 0.2363). On the other end, June was the most stable month, with a tight range of 0.0033 NZD (High: 0.2368 / Low: 0.2335).

July Spread (Volatile) ±0.0107

June Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2447) against the same month in 2023 (average: 0.2351), the exchange rate shifted by +0.0096 (+4.07%).

2024 Avg (December) 0.2447

2023 Avg (December) 0.2351

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2401	0.2343	0.2369
February	0.2387	0.2342	0.2363
March	0.2425	0.2375	0.2399
April	0.2433	0.2396	0.2414
May	0.2422	0.2365	0.2388
June	0.2368	0.2335	0.2352
July	0.2471	0.2363	0.2411
August	0.2467	0.2371	0.2428
September	0.2413	0.2355	0.2392
October	0.2444	0.2362	0.2404
November	0.2441	0.2394	0.2411
December	0.2484	0.2393	0.2447