YEARLY HIGH
1914.3408 UZS
YEARLY LOW
1780.1008 UZS
YEARLY AVERAGE
1834.7148 UZS

2024 DKK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1914.3408. Conversely, the yearly low was recorded on February 5, dropping to 1780.1008.

This high-to-low spread represents a total annual volatility of 134.2399 UZS. From a start-to-finish perspective, comparing the January average rate of 1809.8354 to the December average rate of 1807.0320, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1914.3408 was up 3.89% compared to the 2023 peak of 1842.7144, 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 9,571,704 UZS
2023 Average 8,520,081 UZS
Yearly Trough Low 8,900,504 UZS
Transaction Impact: A difference of 671,199.67 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1902.6884
1790.9371
JanuMarcMayJulySeptNove

DKK to UZS 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 1820.0929, compared to 1849.3367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.2437 points.

H1 Avg (Jan–Jun) 1820.0929
H2 Avg (Jul–Dec) 1849.3367

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 86.9624 UZS (High: 1902.5259 / Low: 1815.5636). On the other end, March was the most stable month, with a tight range of 31.8706 UZS (High: 1845.5686 / Low: 1813.6980).

August Spread (Volatile) ±86.9624
March Spread (Stable) ±31.8706

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 42.6391 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -42.6391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1893.3758) against the same month in 2023 (average: 1741.6947), the exchange rate shifted by +151.6811 (+8.71%).

2024 Avg (September) 1893.3758
2023 Avg (September) 1741.6947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1831.6992 1792.4059 1809.8354
February 1819.9700 1780.1008 1800.2497
March 1845.5686 1813.6980 1829.6596
April 1845.3508 1802.1547 1820.6040
May 1855.5342 1811.9355 1838.8353
June 1849.0443 1803.1216 1821.3736
July 1849.6462 1807.7688 1833.3102
August 1902.5259 1815.5636 1865.2213
September 1914.3408 1872.1570 1893.3758
October 1889.3063 1853.0110 1869.8599
November 1874.3554 1791.7877 1827.2208
December 1822.8870 1784.2798 1807.0320