2024 TOP to DKK Historical Review

YEARLY HIGH

3.0104 DKK

YEARLY LOW

2.8325 DKK

YEARLY AVERAGE

2.9108 DKK

2024 TOP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 3.0104. Conversely, the yearly low was recorded on August 24, dropping to 2.8325.

This high-to-low spread represents a total annual volatility of 0.1779 DKK. From a start-to-finish perspective, comparing the January average rate of 2.9024 to the December average rate of 2.9747, the exchange rate registered a net change of 2.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0104 was down 0.20% compared to the 2023 peak of 3.0165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,052 DKK

2023 Average 14,584 DKK

Yearly Trough Low 14,163 DKK

Transaction Impact: A difference of 889.53 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9858

2.8524

JanuMarcMayJulySeptNove

TOP 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 2.9146, compared to 2.9070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 2.9146

H2 Avg (Jul–Dec) 2.9070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1205 DKK (High: 2.9866 / Low: 2.8661). On the other end, January was the most stable month, with a tight range of 0.0318 DKK (High: 2.9231 / Low: 2.8913).

November Spread (Volatile) ±0.1205

January Spread (Stable) ±0.0318

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0420 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.9747) against the same month in 2023 (average: 2.9058), the exchange rate shifted by +0.0689 (+2.37%).

2024 Avg (December) 2.9747

2023 Avg (December) 2.9058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9231	2.8913	2.9024
February	2.9425	2.8887	2.9171
March	2.9227	2.8734	2.8974
April	2.9473	2.8823	2.9186
May	2.9282	2.8927	2.9137
June	2.9583	2.8957	2.9387
July	2.9410	2.8820	2.9056
August	2.9066	2.8325	2.8635
September	2.8881	2.8486	2.8640
October	2.9155	2.8750	2.8978
November	2.9866	2.8661	2.9361
December	3.0104	2.9420	2.9747