YEARLY HIGH
0.0289 DKK
YEARLY LOW
0.0266 DKK
YEARLY AVERAGE
0.0276 DKK

2024 YER to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0289. Conversely, the yearly low was recorded on September 24, dropping to 0.0266.

This high-to-low spread represents a total annual volatility of 0.0022 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0273 to the December average rate of 0.0285, the exchange rate registered a net change of 4.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0289 was up 1.42% compared to the 2023 peak of 0.0285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144 DKK
2023 Average 138 DKK
Yearly Trough Low 133 DKK
Transaction Impact: A difference of 11.16 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0286
0.0267
JanuMarcMayJulySeptNove

YER 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 0.0276, compared to 0.0275 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) 0.0276
H2 Avg (Jul–Dec) 0.0275

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0013 DKK (High: 0.0286 / Low: 0.0273). On the other end, May was the most stable month, with a tight range of 0.0004 DKK (High: 0.0278 / Low: 0.0274).

November Spread (Volatile) ±0.0013
May Spread (Stable) ±0.0004

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0285) against the same month in 2023 (average: 0.0273), the exchange rate shifted by +0.0012 (+4.38%).

2024 Avg (December) 0.0285
2023 Avg (December) 0.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0276 0.0270 0.0273
February 0.0278 0.0274 0.0276
March 0.0276 0.0272 0.0274
April 0.0281 0.0274 0.0278
May 0.0278 0.0274 0.0276
June 0.0279 0.0273 0.0277
July 0.0277 0.0272 0.0275
August 0.0276 0.0266 0.0270
September 0.0271 0.0266 0.0268
October 0.0276 0.0269 0.0273
November 0.0286 0.0273 0.0281
December 0.0289 0.0281 0.0285