YEARLY HIGH
0.6715 RON
YEARLY LOW
0.6651 RON
YEARLY AVERAGE
0.6669 RON

2024 DKK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.6715. Conversely, the yearly low was recorded on October 27, dropping to 0.6651.

This high-to-low spread represents a total annual volatility of 0.0065 RON. From a start-to-finish perspective, comparing the January average rate of 0.6670 to the December average rate of 0.6669, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6715 was up 0.44% compared to the 2023 peak of 0.6686, 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 3,358 RON
2023 Average 3,319 RON
Yearly Trough Low 3,325 RON
Transaction Impact: A difference of 32.36 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6674
0.6664
JanuMarcMayJulySeptNove

DKK to RON 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 0.6669, compared to 0.6669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.6669
H2 Avg (Jul–Dec) 0.6669

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0055 RON (High: 0.6715 / Low: 0.6660). On the other end, August was the most stable month, with a tight range of 0.0012 RON (High: 0.6679 / Low: 0.6666).

November Spread (Volatile) ±0.0055
August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.6674) against the same month in 2023 (average: 0.6665), the exchange rate shifted by +0.0009 (+0.13%).

2024 Avg (November) 0.6674
2023 Avg (November) 0.6665

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6678 0.6656 0.6670
February 0.6686 0.6652 0.6673
March 0.6670 0.6657 0.6666
April 0.6681 0.6660 0.6667
May 0.6677 0.6665 0.6669
June 0.6680 0.6661 0.6672
July 0.6674 0.6654 0.6665
August 0.6679 0.6666 0.6670
September 0.6688 0.6659 0.6668
October 0.6680 0.6651 0.6670
November 0.6715 0.6660 0.6674
December 0.6678 0.6659 0.6669