2024 RON to DKK Historical Review

YEARLY HIGH

1.5036 DKK

YEARLY LOW

1.4891 DKK

YEARLY AVERAGE

1.4994 DKK

2024 RON to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 1.5036. Conversely, the yearly low was recorded on November 24, dropping to 1.4891.

This high-to-low spread represents a total annual volatility of 0.0145 DKK. From a start-to-finish perspective, comparing the January average rate of 1.4992 to the December average rate of 1.4994, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5036 was down 1.42% compared to the 2023 peak of 1.5252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,518 DKK

2023 Average 7,532 DKK

Yearly Trough Low 7,445 DKK

Transaction Impact: A difference of 72.46 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5006

1.4983

JanuMarcMayJulySeptNove

RON 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 1.4994, compared to 1.4994 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) 1.4994

H2 Avg (Jul–Dec) 1.4994

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0124 DKK (High: 1.5015 / Low: 1.4891). On the other end, August was the most stable month, with a tight range of 0.0028 DKK (High: 1.5001 / Low: 1.4973).

November Spread (Volatile) ±0.0124

August Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1.4993) against the same month in 2023 (average: 1.5020), the exchange rate shifted by -0.0027 (-0.18%).

2024 Avg (October) 1.4993

2023 Avg (October) 1.5020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5024	1.4974	1.4992
February	1.5032	1.4956	1.4986
March	1.5023	1.4992	1.5003
April	1.5016	1.4968	1.4998
May	1.5005	1.4976	1.4994
June	1.5013	1.4970	1.4989
July	1.5029	1.4983	1.5004
August	1.5001	1.4973	1.4993
September	1.5018	1.4952	1.4996
October	1.5036	1.4971	1.4993
November	1.5015	1.4891	1.4985
December	1.5018	1.4974	1.4994