YEARLY HIGH
1.0214 TTD
YEARLY LOW
0.9421 TTD
YEARLY AVERAGE
0.9844 TTD

2024 DKK to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1.0214. Conversely, the yearly low was recorded on December 18, dropping to 0.9421.

This high-to-low spread represents a total annual volatility of 0.0794 TTD. From a start-to-finish perspective, comparing the January average rate of 0.9925 to the December average rate of 0.9527, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0214 was down 0.14% compared to the 2023 peak of 1.0229, 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 5,107 TTD
2023 Average 4,925 TTD
Yearly Trough Low 4,710 TTD
Transaction Impact: A difference of 396.94 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0169
0.9468
JanuMarcMayJulySeptNove

DKK to TTD 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 0.9836, compared to 0.9851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.9836
H2 Avg (Jul–Dec) 0.9851

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0461 TTD (High: 0.9947 / Low: 0.9486). On the other end, February was the most stable month, with a tight range of 0.0151 TTD (High: 0.9900 / Low: 0.9749).

November Spread (Volatile) ±0.0461
February Spread (Stable) ±0.0151

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 0.0249 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.0111) against the same month in 2023 (average: 0.9709), the exchange rate shifted by +0.0401 (+4.13%).

2024 Avg (September) 1.0111
2023 Avg (September) 0.9709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0076 0.9803 0.9925
February 0.9900 0.9749 0.9829
March 0.9974 0.9804 0.9890
April 0.9874 0.9658 0.9748
May 0.9904 0.9745 0.9833
June 0.9919 0.9703 0.9790
July 0.9951 0.9757 0.9863
August 1.0189 0.9780 1.0018
September 1.0214 0.9995 1.0111
October 1.0055 0.9817 0.9920
November 0.9947 0.9486 0.9670
December 0.9623 0.9421 0.9527