YEARLY HIGH
3146.8055 SLL
YEARLY LOW
2908.9689 SLL
YEARLY AVERAGE
3041.7771 SLL

2024 DKK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 3146.8055. Conversely, the yearly low was recorded on December 18, dropping to 2908.9689.

This high-to-low spread represents a total annual volatility of 237.8366 SLL. From a start-to-finish perspective, comparing the January average rate of 3067.3135 to the December average rate of 2944.0478, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3146.8055 was up 0.71% compared to the 2023 peak of 3124.5707, 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 15,734,028 SLL
2023 Average 13,850,413 SLL
Yearly Trough Low 14,544,844 SLL
Transaction Impact: A difference of 1,189,183.10 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3140.3441
2926.2026
JanuMarcMayJulySeptNove

DKK to SLL 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 3039.4240, compared to 3044.1303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7062 points.

H1 Avg (Jan–Jun) 3039.4240
H2 Avg (Jul–Dec) 3044.1303

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 144.9044 SLL (High: 3074.3010 / Low: 2929.3966). On the other end, March was the most stable month, with a tight range of 46.4915 SLL (High: 3080.4489 / Low: 3033.9574).

November Spread (Volatile) ±144.9044
March Spread (Stable) ±46.4915

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 75.6853 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -75.6853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3122.4989) against the same month in 2023 (average: 3002.0496), the exchange rate shifted by +120.4493 (+4.01%).

2024 Avg (September) 3122.4989
2023 Avg (September) 3002.0496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3104.2472 3039.0144 3067.3135
February 3059.0526 3012.4753 3035.9907
March 3080.4489 3033.9574 3055.8920
April 3053.8439 2985.0672 3013.5616
May 3060.3107 3013.5173 3038.9319
June 3066.5682 3002.4146 3024.8545
July 3075.2501 3018.5750 3050.0249
August 3146.0699 3031.2194 3097.6580
September 3146.8055 3093.9395 3122.4989
October 3110.6803 3030.7344 3063.1186
November 3074.3010 2929.3966 2987.4334
December 2976.6235 2908.9689 2944.0478