2024 DKK to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DKK to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DKK to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 1170.8627. Conversely, the yearly low was recorded on February 13, dropping to 1046.4861.
This high-to-low spread represents a total annual volatility of 124.3765 PYG. From a start-to-finish perspective, comparing the January average rate of 1065.1627 to the December average rate of 1096.0116, the exchange rate registered a net change of 2.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1170.8627 was up 6.66% compared to the 2023 peak of 1097.7419, 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 PYG 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 1070.3308, compared to 1122.2816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 51.9508 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 59.9977 PYG (High: 1150.2943 / Low: 1090.2966). On the other end, March was the most stable month, with a tight range of 13.2394 PYG (High: 1071.2822 / Low: 1058.0428).
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 35.6270 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 1155.6858) against the same month in 2023 (average: 1041.5269), the exchange rate shifted by +114.1589 (+10.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1081.4348 | 1053.3252 | 1065.1627 |
| February | 1062.2918 | 1046.4861 | 1054.7733 |
| March | 1071.2822 | 1058.0428 | 1065.9168 |
| April | 1072.6985 | 1052.5805 | 1062.9667 |
| May | 1097.1936 | 1075.6728 | 1086.9877 |
| June | 1100.0311 | 1077.0109 | 1086.1773 |
| July | 1107.1487 | 1085.2285 | 1098.0457 |
| August | 1141.2908 | 1094.6740 | 1119.7820 |
| September | 1170.8627 | 1138.1033 | 1155.6858 |
| October | 1160.5962 | 1140.3213 | 1149.8957 |
| November | 1150.2943 | 1090.2966 | 1114.2687 |
| December | 1111.1393 | 1082.7267 | 1096.0116 |