2024 HKD to DKK Historical Review

YEARLY HIGH

0.9276 DKK

YEARLY LOW

0.8549 DKK

YEARLY AVERAGE

0.8837 DKK

2024 HKD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9276. Conversely, the yearly low was recorded on August 24, dropping to 0.8549.

This high-to-low spread represents a total annual volatility of 0.0727 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8746 to the December average rate of 0.9163, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9276 was up 1.99% compared to the 2023 peak of 0.9096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 23,191 DKK

2023 Average 22,001 DKK

Yearly Trough Low 21,373 DKK

Transaction Impact: A difference of 1,818.18 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9217

0.8565

JanuMarcMayJulySeptNove

HKD 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 0.8824, compared to 0.8851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.8824

H2 Avg (Jul–Dec) 0.8851

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0419 DKK (High: 0.9196 / Low: 0.8776). On the other end, May was the most stable month, with a tight range of 0.0119 DKK (High: 0.8895 / Low: 0.8776).

November Spread (Volatile) ±0.0419

May Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between September and December, 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 0.0121 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9163) against the same month in 2023 (average: 0.8744), the exchange rate shifted by +0.0419 (+4.80%).

2024 Avg (December) 0.9163

2023 Avg (December) 0.8744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8827	0.8649	0.8746
February	0.8902	0.8766	0.8831
March	0.8831	0.8703	0.8771
April	0.8969	0.8768	0.8886
May	0.8895	0.8776	0.8834
June	0.8944	0.8745	0.8876
July	0.8892	0.8734	0.8804
August	0.8853	0.8549	0.8683
September	0.8692	0.8562	0.8620
October	0.8906	0.8674	0.8811
November	0.9196	0.8776	0.9024
December	0.9276	0.9053	0.9163