2024 DKK to XCD Historical Review

YEARLY HIGH

0.4056 XCD

YEARLY LOW

0.3749 XCD

YEARLY AVERAGE

0.3920 XCD

2024 DKK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.4056. Conversely, the yearly low was recorded on December 18, dropping to 0.3749.

This high-to-low spread represents a total annual volatility of 0.0307 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3953 to the December average rate of 0.3794, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4056 was down 0.53% compared to the 2023 peak of 0.4077, 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 2,028 XCD

2023 Average 1,962 XCD

Yearly Trough Low 1,875 XCD

Transaction Impact: A difference of 153.26 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4047

0.3771

JanuMarcMayJulySeptNove

DKK to XCD 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 0.3917, compared to 0.3923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.3917

H2 Avg (Jul–Dec) 0.3923

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0187 XCD (High: 0.3962 / Low: 0.3775). On the other end, March was the most stable month, with a tight range of 0.0060 XCD (High: 0.3970 / Low: 0.3910).

November Spread (Volatile) ±0.0187

March Spread (Stable) ±0.0060

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 0.0098 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4024) against the same month in 2023 (average: 0.3869), the exchange rate shifted by +0.0155 (+4.01%).

2024 Avg (September) 0.4024

2023 Avg (September) 0.3869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4001	0.3917	0.3953
February	0.3943	0.3882	0.3913
March	0.3970	0.3910	0.3938
April	0.3936	0.3847	0.3884
May	0.3944	0.3884	0.3917
June	0.3952	0.3870	0.3898
July	0.3963	0.3890	0.3931
August	0.4055	0.3907	0.3992
September	0.4056	0.3987	0.4024
October	0.4009	0.3906	0.3948
November	0.3962	0.3775	0.3850
December	0.3836	0.3749	0.3794