YEARLY HIGH
16.0230 RUB
YEARLY LOW
12.0316 RUB
YEARLY AVERAGE
13.4584 RUB

2024 DKK to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 16.0230. Conversely, the yearly low was recorded on June 19, dropping to 12.0316.

This high-to-low spread represents a total annual volatility of 3.9914 RUB. From a start-to-finish perspective, comparing the January average rate of 13.0684 to the December average rate of 14.5715, the exchange rate registered a net change of 11.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.0230 was up 9.07% compared to the 2023 peak of 14.6911, 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 80,115 RUB
2023 Average 62,064 RUB
Yearly Trough Low 60,158 RUB
Transaction Impact: A difference of 19,956.79 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.7583
12.5163
JanuMarcMayJulySeptNove

DKK to RUB 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 13.1731, compared to 13.7437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5706 points.

H1 Avg (Jan–Jun) 13.1731
H2 Avg (Jul–Dec) 13.7437

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.2997 RUB (High: 16.0230 / Low: 13.7233). On the other end, March was the most stable month, with a tight range of 0.2784 RUB (High: 13.5298 / Low: 13.2514).

November Spread (Volatile) ±2.2997
March Spread (Stable) ±0.2784

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4889 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4889

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 14.3772) against the same month in 2023 (average: 13.1384), the exchange rate shifted by +1.2388 (+9.43%).

2024 Avg (November) 14.3772
2023 Avg (November) 13.1384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.4767 12.8381 13.0684
February 13.7594 13.0466 13.2971
March 13.5298 13.2514 13.3859
April 13.5298 13.2217 13.3641
May 13.4534 12.8828 13.2061
June 13.1560 12.0316 12.7171
July 12.9789 12.3581 12.7031
August 13.7665 12.3626 13.1505
September 14.1168 12.9967 13.5972
October 14.2390 13.8616 14.0625
November 16.0230 13.7233 14.3772
December 15.7859 13.9316 14.5715