YEARLY HIGH
0.4584 TND
YEARLY LOW
0.4400 TND
YEARLY AVERAGE
0.4513 TND

2024 DKK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.4584. Conversely, the yearly low was recorded on December 18, dropping to 0.4400.

This high-to-low spread represents a total annual volatility of 0.0183 TND. From a start-to-finish perspective, comparing the January average rate of 0.4539 to the December average rate of 0.4447, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4584 was down 0.73% compared to the 2023 peak of 0.4618, 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 2,292 TND
2023 Average 2,252 TND
Yearly Trough Low 2,200 TND
Transaction Impact: A difference of 91.72 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4548
0.4438
JanuMarcMayJulySeptNove

DKK to TND 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 0.4523, compared to 0.4502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.4523
H2 Avg (Jul–Dec) 0.4502

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0130 TND (High: 0.4535 / Low: 0.4405). On the other end, February was the most stable month, with a tight range of 0.0038 TND (High: 0.4545 / Low: 0.4507).

November Spread (Volatile) ±0.0130
February Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4527) against the same month in 2023 (average: 0.4492), the exchange rate shifted by +0.0034 (+0.77%).

2024 Avg (September) 0.4527
2023 Avg (September) 0.4492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4562 0.4512 0.4539
February 0.4545 0.4507 0.4529
March 0.4563 0.4479 0.4530
April 0.4553 0.4433 0.4508
May 0.4559 0.4500 0.4527
June 0.4535 0.4483 0.4507
July 0.4572 0.4493 0.4528
August 0.4559 0.4492 0.4534
September 0.4584 0.4504 0.4527
October 0.4526 0.4477 0.4507
November 0.4535 0.4405 0.4469
December 0.4473 0.4400 0.4447