2024 DKK to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DKK to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DKK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 41.8023. Conversely, the yearly low was recorded on December 18, dropping to 38.5939.
This high-to-low spread represents a total annual volatility of 3.2084 PKR. From a start-to-finish perspective, comparing the January average rate of 40.9456 to the December average rate of 39.0433, the exchange rate registered a net change of -4.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 41.8023 was down 6.45% compared to the 2023 peak of 44.6855, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
DKK to PKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 40.3993, compared to 40.3781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.9377 PKR (High: 40.7458 / Low: 38.8081). On the other end, May was the most stable month, with a tight range of 0.5804 PKR (High: 40.6030 / Low: 40.0226).
Growth Streaks & Declines
TrendsBetween 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 0.9951 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 41.1263) against the same month in 2023 (average: 42.9497), the exchange rate shifted by -1.8234 (-4.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 41.4055 | 40.3180 | 40.9456 |
| February | 40.7883 | 39.9430 | 40.3949 |
| March | 40.9727 | 40.1637 | 40.6049 |
| April | 40.4636 | 39.5570 | 39.9605 |
| May | 40.6030 | 40.0226 | 40.3230 |
| June | 40.7503 | 39.8473 | 40.1668 |
| July | 40.8374 | 40.0795 | 40.4798 |
| August | 41.8023 | 40.2736 | 41.1263 |
| September | 41.6994 | 41.1024 | 41.4354 |
| October | 41.1688 | 40.1369 | 40.5893 |
| November | 40.7458 | 38.8081 | 39.5943 |
| December | 39.4584 | 38.5939 | 39.0433 |