2024 DKK to YER Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 DKK to YER Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the DKK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 37.5615. Conversely, the yearly low was recorded on December 18, dropping to 34.6562.
This high-to-low spread represents a total annual volatility of 2.9053 YER. From a start-to-finish perspective, comparing the January average rate of 36.6190 to the December average rate of 35.1093, the exchange rate registered a net change of -4.12% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 37.5615 was down 0.49% compared to the 2023 peak of 37.7458, 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 YER 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 36.2842, compared to 36.3256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0414 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.7124 YER (High: 36.6264 / Low: 34.9140). On the other end, May was the most stable month, with a tight range of 0.4857 YER (High: 36.4634 / Low: 35.9777).
Growth Streaks & Declines
TrendsBetween 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 0.9641 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 37.2759) against the same month in 2023 (average: 35.8394), the exchange rate shifted by +1.4365 (+4.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.0431 | 36.2821 | 36.6190 |
| February | 36.5140 | 35.9652 | 36.2379 |
| March | 36.7768 | 36.2217 | 36.4851 |
| April | 36.4664 | 35.6380 | 35.9811 |
| May | 36.4634 | 35.9777 | 36.2662 |
| June | 36.6147 | 35.8523 | 36.1160 |
| July | 36.7110 | 36.0381 | 36.4131 |
| August | 37.5564 | 36.1890 | 36.9809 |
| September | 37.5615 | 36.9378 | 37.2759 |
| October | 37.1340 | 36.1905 | 36.5691 |
| November | 36.6264 | 34.9140 | 35.6051 |
| December | 35.5443 | 34.6562 | 35.1093 |