YEARLY HIGH
0.6821 PLN
YEARLY LOW
0.5697 PLN
YEARLY AVERAGE
0.5775 PLN

2024 DKK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6821. Conversely, the yearly low was recorded on May 24, dropping to 0.5697.

This high-to-low spread represents a total annual volatility of 0.1124 PLN. From a start-to-finish perspective, comparing the January average rate of 0.5880 to the December average rate of 0.5724, the exchange rate registered a net change of -2.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6821 was up 6.15% compared to the 2023 peak of 0.6426, 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 3,410 PLN
2023 Average 3,046 PLN
Yearly Trough Low 2,848 PLN
Transaction Impact: A difference of 561.99 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5895
0.5708
JanuMarcMayJulySeptNove

DKK to PLN 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 0.5793, compared to 0.5756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.5793
H2 Avg (Jul–Dec) 0.5756

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1013 PLN (High: 0.6821 / Low: 0.5808). On the other end, September was the most stable month, with a tight range of 0.0044 PLN (High: 0.5750 / Low: 0.5706).

January Spread (Volatile) ±0.1013
September Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0084 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5880) against the same month in 2023 (average: 0.6285), the exchange rate shifted by -0.0405 (-6.44%).

2024 Avg (January) 0.5880
2023 Avg (January) 0.6285

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6821 0.5808 0.5880
February 0.5830 0.5776 0.5801
March 0.5799 0.5743 0.5775
April 0.5853 0.5711 0.5768
May 0.5809 0.5697 0.5741
June 0.5876 0.5729 0.5793
July 0.5788 0.5701 0.5737
August 0.5795 0.5709 0.5749
September 0.5750 0.5706 0.5733
October 0.5837 0.5750 0.5787
November 0.5849 0.5761 0.5808
December 0.5765 0.5707 0.5724