2024 LRD to DKK Historical Review

YEARLY HIGH

0.0398 DKK

YEARLY LOW

0.0334 DKK

YEARLY AVERAGE

0.0361 DKK

2024 LRD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0398. Conversely, the yearly low was recorded on September 20, dropping to 0.0334.

This high-to-low spread represents a total annual volatility of 0.0064 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0361 to the December average rate of 0.0394, the exchange rate registered a net change of 9.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0398 was down 13.24% compared to the 2023 peak of 0.0459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 199 DKK

2023 Average 198 DKK

Yearly Trough Low 167 DKK

Transaction Impact: A difference of 32.12 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0400

0.0338

JanuMarcMayJulySeptNove

LRD 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 0.0359, compared to 0.0362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0359

H2 Avg (Jul–Dec) 0.0362

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0041 DKK (High: 0.0398 / Low: 0.0356). On the other end, January was the most stable month, with a tight range of 0.0005 DKK (High: 0.0363 / Low: 0.0358).

November Spread (Volatile) ±0.0041

January Spread (Stable) ±0.0005

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0394) against the same month in 2023 (average: 0.0363), the exchange rate shifted by +0.0032 (+8.73%).

2024 Avg (December) 0.0394

2023 Avg (December) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0363	0.0358	0.0361
February	0.0365	0.0360	0.0363
March	0.0359	0.0354	0.0357
April	0.0374	0.0356	0.0361
May	0.0360	0.0354	0.0357
June	0.0360	0.0353	0.0357
July	0.0357	0.0349	0.0353
August	0.0354	0.0342	0.0346
September	0.0348	0.0334	0.0343
October	0.0360	0.0348	0.0355
November	0.0398	0.0356	0.0380
December	0.0398	0.0392	0.0394