YEARLY HIGH
1.7554 DKK
YEARLY LOW
1.4662 DKK
YEARLY AVERAGE
1.7320 DKK

2024 PLN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 1.7554. Conversely, the yearly low was recorded on January 1, dropping to 1.4662.

This high-to-low spread represents a total annual volatility of 0.2893 DKK. From a start-to-finish perspective, comparing the January average rate of 1.7020 to the December average rate of 1.7471, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.7554 was up 1.22% compared to the 2023 peak of 1.7343, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 35,109 DKK
2023 Average 32,858 DKK
Yearly Trough Low 29,323 DKK
Transaction Impact: A difference of 5,785.75 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.7516
1.6975
JanuMarcMayJulySeptNove

PLN 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 1.7266, compared to 1.7373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 1.7266
H2 Avg (Jul–Dec) 1.7373

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.2556 DKK (High: 1.7218 / Low: 1.4662). On the other end, September was the most stable month, with a tight range of 0.0135 DKK (High: 1.7526 / Low: 1.7392).

January Spread (Volatile) ±0.2556
September Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0163 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 1.7420) against the same month in 2023 (average: 1.6413), the exchange rate shifted by +0.1007 (+6.13%).

2024 Avg (May) 1.7420
2023 Avg (May) 1.6413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7218 1.4662 1.7020
February 1.7312 1.7154 1.7239
March 1.7413 1.7243 1.7316
April 1.7509 1.7084 1.7336
May 1.7554 1.7214 1.7420
June 1.7454 1.7019 1.7264
July 1.7540 1.7276 1.7430
August 1.7517 1.7255 1.7395
September 1.7526 1.7392 1.7444
October 1.7392 1.7132 1.7281
November 1.7359 1.7096 1.7219
December 1.7522 1.7347 1.7471