YEARLY HIGH
88.0041 XAF
YEARLY LOW
87.5398 XAF
YEARLY AVERAGE
87.9259 XAF

2024 DKK to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 88.0041. Conversely, the yearly low was recorded on March 23, dropping to 87.5398.

This high-to-low spread represents a total annual volatility of 0.4643 XAF. From a start-to-finish perspective, comparing the January average rate of 87.9444 to the December average rate of 87.9416, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 88.0041 was down 0.23% compared to the 2023 peak of 88.2086, 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 440,020 XAF
2023 Average 439,901 XAF
Yearly Trough Low 437,699 XAF
Transaction Impact: A difference of 2,321.28 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

87.9878
87.8863
JanuMarcMayJulySeptNove

DKK to XAF 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 87.9353, compared to 87.9165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 87.9353
H2 Avg (Jul–Dec) 87.9165

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4637 XAF (High: 88.0035 / Low: 87.5398). On the other end, December was the most stable month, with a tight range of 0.0915 XAF (High: 87.9647 / Low: 87.8732).

March Spread (Volatile) ±0.4637
December Spread (Stable) ±0.0915

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 0.0468 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 87.9793) against the same month in 2023 (average: 88.0603), the exchange rate shifted by -0.0810 (-0.09%).

2024 Avg (February) 87.9793
2023 Avg (February) 88.0603

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.0009 87.8471 87.9444
February 88.0041 87.9024 87.9793
March 88.0035 87.5398 87.9325
April 87.9898 87.7937 87.9232
May 87.9534 87.8271 87.9107
June 87.9649 87.8133 87.9214
July 87.9498 87.7680 87.8985
August 87.9443 87.8329 87.8948
September 87.9911 87.8072 87.9148
October 87.9764 87.8745 87.9276
November 87.9622 87.6206 87.9215
December 87.9647 87.8732 87.9416