YEARLY HIGH
0.0259 DKK
YEARLY LOW
0.0239 DKK
YEARLY AVERAGE
0.0248 DKK

2024 PKR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PKR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0259. Conversely, the yearly low was recorded on August 24, dropping to 0.0239.

This high-to-low spread represents a total annual volatility of 0.0020 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0244 to the December average rate of 0.0256, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0259 was down 16.75% compared to the 2023 peak of 0.0311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,955 DKK
2023 Average 12,377 DKK
Yearly Trough Low 11,961 DKK
Transaction Impact: A difference of 994.36 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0258
0.0240
JanuMarcMayJulySeptNove

PKR 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 0.0248, compared to 0.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0248
H2 Avg (Jul–Dec) 0.0248

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0012 DKK (High: 0.0258 / Low: 0.0245). On the other end, September was the most stable month, with a tight range of 0.0003 DKK (High: 0.0243 / Low: 0.0240).

November Spread (Volatile) ±0.0012
September Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0256) against the same month in 2023 (average: 0.0242), the exchange rate shifted by +0.0014 (+5.79%).

2024 Avg (December) 0.0256
2023 Avg (December) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0248 0.0242 0.0244
February 0.0250 0.0245 0.0248
March 0.0249 0.0244 0.0246
April 0.0253 0.0247 0.0250
May 0.0250 0.0246 0.0248
June 0.0251 0.0245 0.0249
July 0.0250 0.0245 0.0247
August 0.0248 0.0239 0.0243
September 0.0243 0.0240 0.0241
October 0.0249 0.0243 0.0246
November 0.0258 0.0245 0.0253
December 0.0259 0.0253 0.0256