YEARLY HIGH
0.0552 DKK
YEARLY LOW
0.0504 DKK
YEARLY AVERAGE
0.0522 DKK

2024 HTG to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0552. Conversely, the yearly low was recorded on September 24, dropping to 0.0504.

This high-to-low spread represents a total annual volatility of 0.0047 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0519 to the December average rate of 0.0544, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0552 was up 3.76% compared to the 2023 peak of 0.0532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 276 DKK
2023 Average 244 DKK
Yearly Trough Low 252 DKK
Transaction Impact: A difference of 23.73 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0548
0.0506
JanuMarcMayJulySeptNove

HTG 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 0.0521, compared to 0.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0521
H2 Avg (Jul–Dec) 0.0524

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0027 DKK (High: 0.0545 / Low: 0.0518). On the other end, July was the most stable month, with a tight range of 0.0007 DKK (High: 0.0524 / Low: 0.0517).

November Spread (Volatile) ±0.0027
July Spread (Stable) ±0.0007

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0544) against the same month in 2023 (average: 0.0516), the exchange rate shifted by +0.0028 (+5.44%).

2024 Avg (December) 0.0544
2023 Avg (December) 0.0516

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0525 0.0511 0.0519
February 0.0528 0.0518 0.0523
March 0.0523 0.0514 0.0518
April 0.0530 0.0518 0.0525
May 0.0525 0.0516 0.0520
June 0.0527 0.0515 0.0523
July 0.0524 0.0517 0.0520
August 0.0524 0.0506 0.0514
September 0.0514 0.0504 0.0509
October 0.0526 0.0511 0.0519
November 0.0545 0.0518 0.0534
December 0.0552 0.0537 0.0544