2024 DKK to STD Historical Review

YEARLY HIGH

3343.7369 STD

YEARLY LOW

3091.0161 STD

YEARLY AVERAGE

3232.1357 STD

2024 DKK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 3343.7369. Conversely, the yearly low was recorded on December 18, dropping to 3091.0161.

This high-to-low spread represents a total annual volatility of 252.7208 STD. From a start-to-finish perspective, comparing the January average rate of 3259.2701 to the December average rate of 3128.2903, 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 3343.7369 was down 2.89% compared to the 2023 peak of 3443.3115, 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 16,718,684 STD

2023 Average 16,398,722 STD

Yearly Trough Low 15,455,081 STD

Transaction Impact: A difference of 1,263,603.81 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3336.8711

3109.3284

JanuMarcMayJulySeptNove

DKK to STD 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 3229.6353, compared to 3234.6361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0008 points.

H1 Avg (Jan–Jun) 3229.6353

H2 Avg (Jul–Dec) 3234.6361

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 153.9727 STD (High: 3266.6950 / Low: 3112.7223). On the other end, March was the most stable month, with a tight range of 49.4010 STD (High: 3273.2276 / Low: 3223.8266).

November Spread (Volatile) ±153.9727

March Spread (Stable) ±49.4010

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 80.4218 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -80.4218

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3317.9092) against the same month in 2023 (average: 3189.9220), the exchange rate shifted by +127.9872 (+4.01%).

2024 Avg (September) 3317.9092

2023 Avg (September) 3189.9220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3298.5152	3229.2000	3259.2701
February	3250.4923	3201.0001	3225.9872
March	3273.2276	3223.8266	3247.1339
April	3244.9576	3171.8768	3202.1544
May	3251.8292	3202.1074	3229.1124
June	3258.4782	3190.3098	3214.1540
July	3267.7035	3207.4815	3240.8996
August	3342.9553	3220.9173	3291.5137
September	3343.7369	3287.5625	3317.9092
October	3305.3509	3220.4019	3254.8128
November	3266.6950	3112.7223	3174.3910
December	3162.9047	3091.0161	3128.2903