2024 DKK to TZS Historical Review

YEARLY HIGH

410.2173 TZS

YEARLY LOW

327.6183 TZS

YEARLY AVERAGE

379.3734 TZS

2024 DKK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 410.2173. Conversely, the yearly low was recorded on December 18, dropping to 327.6183.

This high-to-low spread represents a total annual volatility of 82.5990 TZS. From a start-to-finish perspective, comparing the January average rate of 368.6773 to the December average rate of 346.3842, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 410.2173 was up 9.54% compared to the 2023 peak of 374.5045, 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 2,051,086 TZS

2023 Average 1,757,947 TZS

Yearly Trough Low 1,638,091 TZS

Transaction Impact: A difference of 412,995.15 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

411.8007

340.4373

JanuMarcMayJulySeptNove

DKK to TZS 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 372.3520, compared to 386.3948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.0428 points.

H1 Avg (Jan–Jun) 372.3520

H2 Avg (Jul–Dec) 386.3948

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 45.0173 TZS (High: 372.6356 / Low: 327.6183). On the other end, May was the most stable month, with a tight range of 6.1281 TZS (High: 378.8786 / Low: 372.7505).

December Spread (Volatile) ±45.0173

May Spread (Stable) ±6.1281

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 33.5767 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -33.5767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 405.8538) against the same month in 2023 (average: 358.6795), the exchange rate shifted by +47.1743 (+13.15%).

2024 Avg (September) 405.8538

2023 Avg (September) 358.6795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	373.2424	365.2749	368.6773
February	371.1483	364.9418	367.8508
March	375.5155	368.4955	372.0870
April	375.1480	367.1372	371.2250
May	378.8786	372.7505	376.0592
June	385.1153	373.9753	378.2126
July	392.7206	380.7541	388.6586
August	407.3213	390.1238	399.5827
September	410.2173	401.2611	405.8538
October	403.6896	394.3541	397.9286
November	395.0325	371.5373	379.9609
December	372.6356	327.6183	346.3842