2024 DKK to SAR Historical Review

YEARLY HIGH

0.5630 SAR

YEARLY LOW

0.5212 SAR

YEARLY AVERAGE

0.5443 SAR

2024 DKK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.5630. Conversely, the yearly low was recorded on December 18, dropping to 0.5212.

This high-to-low spread represents a total annual volatility of 0.0418 SAR. From a start-to-finish perspective, comparing the January average rate of 0.5486 to the December average rate of 0.5274, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5630 was down 0.53% compared to the 2023 peak of 0.5660, 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 2,815 SAR

2023 Average 2,723 SAR

Yearly Trough Low 2,606 SAR

Transaction Impact: A difference of 209.04 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5619

0.5243

JanuMarcMayJulySeptNove

DKK to SAR 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 0.5436, compared to 0.5449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.5436

H2 Avg (Jul–Dec) 0.5449

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0263 SAR (High: 0.5508 / Low: 0.5245). On the other end, February was the most stable month, with a tight range of 0.0083 SAR (High: 0.5471 / Low: 0.5388).

November Spread (Volatile) ±0.0263

February Spread (Stable) ±0.0083

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: 0.5587) against the same month in 2023 (average: 0.5369), the exchange rate shifted by +0.0218 (+4.06%).

2024 Avg (September) 0.5587

2023 Avg (September) 0.5369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5551	0.5435	0.5486
February	0.5471	0.5388	0.5430
March	0.5510	0.5427	0.5465
April	0.5462	0.5340	0.5390
May	0.5473	0.5390	0.5435
June	0.5485	0.5370	0.5411
July	0.5501	0.5401	0.5456
August	0.5629	0.5424	0.5543
September	0.5630	0.5537	0.5587
October	0.5566	0.5428	0.5486
November	0.5508	0.5245	0.5351
December	0.5332	0.5212	0.5274