YEARLY HIGH
0.0126 DKK
YEARLY LOW
0.0117 DKK
YEARLY AVERAGE
0.0121 DKK

2024 SOS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0126. Conversely, the yearly low was recorded on September 24, dropping to 0.0117.

This high-to-low spread represents a total annual volatility of 0.0010 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0125, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0126 was up 1.06% compared to the 2023 peak of 0.0125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63 DKK
2023 Average 61 DKK
Yearly Trough Low 58 DKK
Transaction Impact: A difference of 4.76 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0125
0.0117
JanuMarcMayJulySeptNove

SOS 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 0.0121, compared to 0.0121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0121
H2 Avg (Jul–Dec) 0.0121

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 DKK (High: 0.0125 / Low: 0.0119). On the other end, February was the most stable month, with a tight range of 0.0002 DKK (High: 0.0122 / Low: 0.0120).

November Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0125) against the same month in 2023 (average: 0.0119), the exchange rate shifted by +0.0005 (+4.39%).

2024 Avg (December) 0.0125
2023 Avg (December) 0.0119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0121 0.0118 0.0120
February 0.0122 0.0120 0.0121
March 0.0121 0.0119 0.0120
April 0.0123 0.0120 0.0122
May 0.0122 0.0120 0.0121
June 0.0122 0.0120 0.0121
July 0.0122 0.0119 0.0120
August 0.0121 0.0117 0.0119
September 0.0119 0.0117 0.0118
October 0.0121 0.0118 0.0120
November 0.0125 0.0119 0.0123
December 0.0126 0.0123 0.0125