2024 DKK to RSD Historical Review

YEARLY HIGH

15.7798 RSD

YEARLY LOW

15.6156 RSD

YEARLY AVERAGE

15.6958 RSD

2024 DKK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 15.7798. Conversely, the yearly low was recorded on November 14, dropping to 15.6156.

This high-to-low spread represents a total annual volatility of 0.1642 RSD. From a start-to-finish perspective, comparing the January average rate of 15.7172 to the December average rate of 15.6801, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.7798 was down 0.98% compared to the 2023 peak of 15.9356, 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 78,899 RSD

2023 Average 78,670 RSD

Yearly Trough Low 78,078 RSD

Transaction Impact: A difference of 821.25 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.7232

15.6762

JanuMarcMayJulySeptNove

DKK to RSD 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 15.7071, compared to 15.6844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0226 points.

H1 Avg (Jan–Jun) 15.7071

H2 Avg (Jul–Dec) 15.6844

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1642 RSD (High: 15.7798 / Low: 15.6156). On the other end, October was the most stable month, with a tight range of 0.0281 RSD (High: 15.7017 / Low: 15.6735).

November Spread (Volatile) ±0.1642

October Spread (Stable) ±0.0281

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0127 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 15.6833) against the same month in 2023 (average: 15.7189), the exchange rate shifted by -0.0357 (-0.23%).

2024 Avg (November) 15.6833

2023 Avg (November) 15.7189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.7296	15.6948	15.7172
February	15.7397	15.7012	15.7193
March	15.7245	15.6498	15.7111
April	15.7178	15.6269	15.6985
May	15.7710	15.6726	15.7022
June	15.7243	15.6443	15.6942
July	15.7071	15.6373	15.6878
August	15.6925	15.6625	15.6803
September	15.7035	15.6670	15.6879
October	15.7017	15.6735	15.6873
November	15.7798	15.6156	15.6833
December	15.7079	15.6243	15.6801