YEARLY HIGH
3747.0228 VND
YEARLY LOW
3509.0374 VND
YEARLY AVERAGE
3633.9112 VND

2024 DKK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 3747.0228. Conversely, the yearly low was recorded on February 13, dropping to 3509.0374.

This high-to-low spread represents a total annual volatility of 237.9855 VND. From a start-to-finish perspective, comparing the January average rate of 3580.9197 to the December average rate of 3569.0023, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3747.0228 was up 3.24% compared to the 2023 peak of 3629.4129, 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 18,735,114 VND
2023 Average 17,300,218 VND
Yearly Trough Low 17,545,187 VND
Transaction Impact: A difference of 1,189,927.28 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3713.6415
3531.5099
JanuMarcMayJulySeptNove

DKK to VND 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 3617.7915, compared to 3650.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.2394 points.

H1 Avg (Jan–Jun) 3617.7915
H2 Avg (Jul–Dec) 3650.0309

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 164.8524 VND (High: 3715.8352 / Low: 3550.9828). On the other end, March was the most stable month, with a tight range of 51.0319 VND (High: 3636.1187 / Low: 3585.0867).

November Spread (Volatile) ±164.8524
March Spread (Stable) ±51.0319

Growth Streaks & Declines

Trends

Between February and May, 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 45.1187 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -45.1187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 3698.4639) against the same month in 2023 (average: 3493.6390), the exchange rate shifted by +204.8249 (+5.86%).

2024 Avg (August) 3698.4639
2023 Avg (August) 3493.6390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3606.6476 3539.8684 3580.9197
February 3590.9813 3509.0374 3546.6875
March 3636.1187 3585.0867 3602.9233
April 3650.7926 3569.8028 3618.7070
May 3714.4580 3642.3673 3687.1685
June 3720.1593 3646.5065 3670.3431
July 3720.5987 3661.9610 3690.6667
August 3747.0228 3646.2038 3698.4639
September 3692.4231 3624.7341 3669.5606
October 3688.8636 3633.4289 3658.8054
November 3715.8352 3550.9828 3613.6867
December 3605.0830 3531.2162 3569.0023