2024 DKK to QAR Historical Review

YEARLY HIGH

0.5465 QAR

YEARLY LOW

0.5058 QAR

YEARLY AVERAGE

0.5284 QAR

2024 DKK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.5465. Conversely, the yearly low was recorded on December 18, dropping to 0.5058.

This high-to-low spread represents a total annual volatility of 0.0407 QAR. From a start-to-finish perspective, comparing the January average rate of 0.5329 to the December average rate of 0.5114, the exchange rate registered a net change of -4.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5465 was down 0.57% compared to the 2023 peak of 0.5496, 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 2,733 QAR

2023 Average 2,645 QAR

Yearly Trough Low 2,529 QAR

Transaction Impact: A difference of 203.59 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5455

0.5083

JanuMarcMayJulySeptNove

DKK to QAR 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 0.5280, compared to 0.5288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.5280

H2 Avg (Jul–Dec) 0.5288

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0253 QAR (High: 0.5339 / Low: 0.5086). On the other end, March was the most stable month, with a tight range of 0.0084 QAR (High: 0.5348 / Low: 0.5264).

November Spread (Volatile) ±0.0253

March Spread (Stable) ±0.0084

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 0.0135 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5424) against the same month in 2023 (average: 0.5214), the exchange rate shifted by +0.0211 (+4.04%).

2024 Avg (September) 0.5424

2023 Avg (September) 0.5214

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5413	0.5276	0.5329
February	0.5326	0.5231	0.5275
March	0.5348	0.5264	0.5307
April	0.5304	0.5184	0.5235
May	0.5323	0.5234	0.5280
June	0.5325	0.5215	0.5256
July	0.5342	0.5241	0.5300
August	0.5462	0.5265	0.5375
September	0.5465	0.5373	0.5424
October	0.5402	0.5263	0.5324
November	0.5339	0.5086	0.5190
December	0.5171	0.5058	0.5114