2024 DKK to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |