2024 NPR to DKK Historical Review

YEARLY HIGH

0.0530 DKK

YEARLY LOW

0.0496 DKK

YEARLY AVERAGE

0.0515 DKK

2024 NPR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.0530. Conversely, the yearly low was recorded on August 24, dropping to 0.0496.

This high-to-low spread represents a total annual volatility of 0.0034 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0514 to the December average rate of 0.0524, the exchange rate registered a net change of 1.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0530 was down 1.96% compared to the 2023 peak of 0.0541, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 265 DKK

2023 Average 261 DKK

Yearly Trough Low 248 DKK

Transaction Impact: A difference of 16.88 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0527

0.0498

JanuMarcMayJulySeptNove

NPR 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 0.0518, compared to 0.0512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0518

H2 Avg (Jul–Dec) 0.0512

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0023 DKK (High: 0.0530 / Low: 0.0507). On the other end, May was the most stable month, with a tight range of 0.0007 DKK (High: 0.0521 / Low: 0.0514).

November Spread (Volatile) ±0.0023

May 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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0520) against the same month in 2023 (average: 0.0518), the exchange rate shifted by +0.0002 (+0.45%).

2024 Avg (November) 0.0520

2023 Avg (November) 0.0518

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0520	0.0506	0.0514
February	0.0524	0.0517	0.0520
March	0.0520	0.0513	0.0517
April	0.0527	0.0516	0.0522
May	0.0521	0.0514	0.0517
June	0.0523	0.0513	0.0519
July	0.0520	0.0510	0.0514
August	0.0517	0.0496	0.0505
September	0.0505	0.0498	0.0501
October	0.0514	0.0503	0.0509
November	0.0530	0.0507	0.0520
December	0.0530	0.0520	0.0524