YEARLY HIGH
0.0848 DKK
YEARLY LOW
0.0795 DKK
YEARLY AVERAGE
0.0824 DKK

2024 INR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.0848. Conversely, the yearly low was recorded on August 24, dropping to 0.0795.

This high-to-low spread represents a total annual volatility of 0.0053 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0823 to the December average rate of 0.0838, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0848 was down 1.50% compared to the 2023 peak of 0.0861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 21,194 DKK
2023 Average 20,861 DKK
Yearly Trough Low 19,881 DKK
Transaction Impact: A difference of 1,312.59 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0842
0.0798
JanuMarcMayJulySeptNove

INR 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 0.0829, compared to 0.0819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0829
H2 Avg (Jul–Dec) 0.0819

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0037 DKK (High: 0.0848 / Low: 0.0811). On the other end, March was the most stable month, with a tight range of 0.0009 DKK (High: 0.0830 / Low: 0.0821).

November Spread (Volatile) ±0.0037
March Spread (Stable) ±0.0009

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 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0832) against the same month in 2023 (average: 0.0828), the exchange rate shifted by +0.0004 (+0.51%).

2024 Avg (November) 0.0832
2023 Avg (November) 0.0828

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0831 0.0812 0.0823
February 0.0838 0.0826 0.0832
March 0.0830 0.0821 0.0826
April 0.0841 0.0825 0.0834
May 0.0834 0.0822 0.0828
June 0.0836 0.0819 0.0830
July 0.0833 0.0816 0.0822
August 0.0826 0.0795 0.0807
September 0.0807 0.0797 0.0801
October 0.0823 0.0804 0.0815
November 0.0848 0.0811 0.0832
December 0.0846 0.0832 0.0838