2024 MDL to DKK Historical Review

YEARLY HIGH

0.3983 DKK

YEARLY LOW

0.3818 DKK

YEARLY AVERAGE

0.3889 DKK

2024 MDL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.3983. Conversely, the yearly low was recorded on August 28, dropping to 0.3818.

This high-to-low spread represents a total annual volatility of 0.0165 DKK. From a start-to-finish perspective, comparing the January average rate of 0.3880 to the December average rate of 0.3889, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3983 was up 1.02% compared to the 2023 peak of 0.3942, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,991 DKK

2023 Average 1,904 DKK

Yearly Trough Low 1,909 DKK

Transaction Impact: A difference of 82.34 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3932

0.3858

JanuMarcMayJulySeptNove

MDL 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 0.3899, compared to 0.3878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.3899

H2 Avg (Jul–Dec) 0.3878

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0099 DKK (High: 0.3939 / Low: 0.3840). On the other end, July was the most stable month, with a tight range of 0.0048 DKK (High: 0.3911 / Low: 0.3863).

January Spread (Volatile) ±0.0099

July Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.3926) against the same month in 2023 (average: 0.3769), the exchange rate shifted by +0.0157 (+4.16%).

2024 Avg (April) 0.3926

2023 Avg (April) 0.3769

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3939	0.3840	0.3880
February	0.3928	0.3849	0.3880
March	0.3925	0.3852	0.3887
April	0.3983	0.3894	0.3926
May	0.3949	0.3872	0.3908
June	0.3938	0.3884	0.3913
July	0.3911	0.3863	0.3883
August	0.3907	0.3818	0.3872
September	0.3907	0.3831	0.3864
October	0.3907	0.3842	0.3872
November	0.3933	0.3838	0.3890
December	0.3939	0.3844	0.3889