YEARLY HIGH
0.8238 DKK
YEARLY LOW
0.7613 DKK
YEARLY AVERAGE
0.7882 DKK

2024 SVC to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.8238. Conversely, the yearly low was recorded on September 24, dropping to 0.7613.

This high-to-low spread represents a total annual volatility of 0.0625 DKK. From a start-to-finish perspective, comparing the January average rate of 0.7815 to the December average rate of 0.8143, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8238 was up 1.22% compared to the 2023 peak of 0.8139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,119 DKK
2023 Average 3,939 DKK
Yearly Trough Low 3,807 DKK
Transaction Impact: A difference of 312.27 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8190
0.7627
JanuMarcMayJulySeptNove

SVC 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 0.7887, compared to 0.7877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.7887
H2 Avg (Jul–Dec) 0.7877

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0389 DKK (High: 0.8183 / Low: 0.7794). On the other end, May was the most stable month, with a tight range of 0.0122 DKK (High: 0.7954 / Low: 0.7832).

November Spread (Volatile) ±0.0389
May Spread (Stable) ±0.0122

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 0.0115 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8143) against the same month in 2023 (average: 0.7796), the exchange rate shifted by +0.0347 (+4.46%).

2024 Avg (December) 0.8143
2023 Avg (December) 0.7796

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7900 0.7698 0.7815
February 0.7955 0.7831 0.7892
March 0.7922 0.7783 0.7847
April 0.8032 0.7851 0.7958
May 0.7954 0.7832 0.7889
June 0.7992 0.7820 0.7923
July 0.7939 0.7797 0.7859
August 0.7913 0.7615 0.7744
September 0.7747 0.7613 0.7674
October 0.7909 0.7710 0.7819
November 0.8183 0.7794 0.8022
December 0.8238 0.8046 0.8143