2023 AED to DKK Historical Review

YEARLY HIGH

1.9396 DKK

YEARLY LOW

1.8047 DKK

YEARLY AVERAGE

1.8761 DKK

2023 AED to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.9396. Conversely, the yearly low was recorded on July 17, dropping to 1.8047.

This high-to-low spread represents a total annual volatility of 0.1350 DKK. From a start-to-finish perspective, comparing the January average rate of 1.8781 to the December average rate of 1.8593, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9396 was down 8.08% compared to the 2022 peak of 2.1100, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,698 DKK

2022 Average 9,633 DKK

Yearly Trough Low 9,023 DKK

Transaction Impact: A difference of 674.81 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9314

1.8261

JanuMarcMayJulySeptNove

AED 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 1.8761, compared to 1.8760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 1.8761

H2 Avg (Jul–Dec) 1.8760

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0827 DKK (High: 1.9218 / Low: 1.8391). On the other end, October was the most stable month, with a tight range of 0.0353 DKK (High: 1.9396 / Low: 1.9043).

February Spread (Volatile) ±0.0827

October Spread (Stable) ±0.0353

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0456 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.9226) against the same month in 2022 (average: 2.0594), the exchange rate shifted by -0.1368 (-6.64%).

2023 Avg (October) 1.9226

2022 Avg (October) 2.0594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9245	1.8546	1.8781
February	1.9218	1.8391	1.8951
March	1.9212	1.8598	1.8937
April	1.8775	1.8355	1.8514
May	1.8960	1.8331	1.8677
June	1.8961	1.8449	1.8709
July	1.8681	1.8047	1.8349
August	1.8798	1.8426	1.8601
September	1.9322	1.8804	1.9018
October	1.9396	1.9043	1.9226
November	1.9197	1.8447	1.8770
December	1.8862	1.8273	1.8593