2024 XCD to DKK Historical Review

YEARLY HIGH

2.6673 DKK

YEARLY LOW

2.4657 DKK

YEARLY AVERAGE

2.5516 DKK

2024 XCD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.6673. Conversely, the yearly low was recorded on September 24, dropping to 2.4657.

This high-to-low spread represents a total annual volatility of 0.2016 DKK. From a start-to-finish perspective, comparing the January average rate of 2.5297 to the December average rate of 2.6357, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6673 was up 1.18% compared to the 2023 peak of 2.6361, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,337 DKK

2023 Average 12,747 DKK

Yearly Trough Low 12,329 DKK

Transaction Impact: A difference of 1,007.99 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6507

2.4699

JanuMarcMayJulySeptNove

XCD 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 2.5530, compared to 2.5501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 2.5530

H2 Avg (Jul–Dec) 2.5501

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1248 DKK (High: 2.6487 / Low: 2.5239). On the other end, March was the most stable month, with a tight range of 0.0386 DKK (High: 2.5574 / Low: 2.5188).

November Spread (Volatile) ±0.1248

March Spread (Stable) ±0.0386

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 0.0389 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.6357) against the same month in 2023 (average: 2.5266), the exchange rate shifted by +0.1090 (+4.32%).

2024 Avg (December) 2.6357

2023 Avg (December) 2.5266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5532	2.4995	2.5297
February	2.5757	2.5365	2.5558
March	2.5574	2.5188	2.5391
April	2.5993	2.5408	2.5749
May	2.5748	2.5354	2.5533
June	2.5843	2.5302	2.5652
July	2.5705	2.5231	2.5440
August	2.5597	2.4663	2.5051
September	2.5079	2.4657	2.4850
October	2.5602	2.4944	2.5332
November	2.6487	2.5239	2.5977
December	2.6673	2.6067	2.6357