2024 JPY to DKK Historical Review

YEARLY HIGH

0.0479 DKK

YEARLY LOW

0.0426 DKK

YEARLY AVERAGE

0.0456 DKK

2024 JPY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0479. Conversely, the yearly low was recorded on July 10, dropping to 0.0426.

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 0.0468 to the December average rate of 0.0463, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0479 was down 10.82% compared to the 2023 peak of 0.0537, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 23,964 DKK

2023 Average 24,568 DKK

Yearly Trough Low 21,306 DKK

Transaction Impact: A difference of 2,657.79 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0473

0.0433

JanuMarcMayJulySeptNove

JPY 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 0.0454, compared to 0.0458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0454

H2 Avg (Jul–Dec) 0.0458

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0034 DKK (High: 0.0460 / Low: 0.0426). On the other end, June was the most stable month, with a tight range of 0.0011 DKK (High: 0.0442 / Low: 0.0432).

July Spread (Volatile) ±0.0034

June Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0468) against the same month in 2023 (average: 0.0530), the exchange rate shifted by -0.0062 (-11.73%).

2024 Avg (January) 0.0468

2023 Avg (January) 0.0530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0479	0.0462	0.0468
February	0.0469	0.0456	0.0462
March	0.0465	0.0452	0.0458
April	0.0458	0.0440	0.0452
May	0.0454	0.0437	0.0443
June	0.0442	0.0432	0.0439
July	0.0460	0.0426	0.0437
August	0.0472	0.0456	0.0463
September	0.0478	0.0459	0.0469
October	0.0469	0.0448	0.0457
November	0.0471	0.0450	0.0458
December	0.0475	0.0453	0.0463