YEARLY HIGH
3.1452 DKK
YEARLY LOW
3.0024 DKK
YEARLY AVERAGE
3.0652 DKK

2024 FJD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 3.1452. Conversely, the yearly low was recorded on September 16, dropping to 3.0024.

This high-to-low spread represents a total annual volatility of 0.1428 DKK. From a start-to-finish perspective, comparing the January average rate of 3.0611 to the December average rate of 3.0873, the exchange rate registered a net change of 0.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.1452 was down 1.64% compared to the 2023 peak of 3.1978, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 15,726 DKK
2023 Average 15,452 DKK
Yearly Trough Low 15,012 DKK
Transaction Impact: A difference of 713.93 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.1037
3.0286
JanuMarcMayJulySeptNove

FJD to DKK 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 3.0654, compared to 3.0650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 3.0654
H2 Avg (Jul–Dec) 3.0650

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1316 DKK (High: 3.1452 / Low: 3.0136). On the other end, April was the most stable month, with a tight range of 0.0533 DKK (High: 3.0914 / Low: 3.0381).

November Spread (Volatile) ±0.1316
April Spread (Stable) ±0.0533

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0291 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 3.0974) against the same month in 2023 (average: 3.0512), the exchange rate shifted by +0.0462 (+1.51%).

2024 Avg (November) 3.0974
2023 Avg (November) 3.0512

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0806 3.0251 3.0611
February 3.0878 3.0239 3.0709
March 3.0630 3.0075 3.0477
April 3.0914 3.0381 3.0703
May 3.0903 3.0346 3.0586
June 3.1147 3.0271 3.0839
July 3.0966 3.0420 3.0640
August 3.0598 3.0065 3.0349
September 3.0664 3.0024 3.0417
October 3.0910 3.0158 3.0650
November 3.1452 3.0136 3.0974
December 3.1274 3.0584 3.0873