YEARLY HIGH
0.0746 DKK
YEARLY LOW
0.0626 DKK
YEARLY AVERAGE
0.0686 DKK

2023 ALL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.0746. Conversely, the yearly low was recorded on January 8, dropping to 0.0626.

This high-to-low spread represents a total annual volatility of 0.0120 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0639 to the December average rate of 0.0725, the exchange rate registered a net change of 13.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0746 was up 13.27% compared to the 2022 peak of 0.0659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 373 DKK
2022 Average 313 DKK
Yearly Trough Low 313 DKK
Transaction Impact: A difference of 60.21 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0734
0.0631
JanuMarcMayJulySeptNove

ALL 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 0.0660, compared to 0.0712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0660
H2 Avg (Jul–Dec) 0.0712

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0054 DKK (High: 0.0728 / Low: 0.0674). On the other end, October was the most stable month, with a tight range of 0.0012 DKK (High: 0.0712 / Low: 0.0700).

August Spread (Volatile) ±0.0054
October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0721) against the same month in 2022 (average: 0.0634), the exchange rate shifted by +0.0088 (+13.81%).

2023 Avg (July) 0.0721
2022 Avg (July) 0.0634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0659 0.0626 0.0639
February 0.0649 0.0632 0.0644
March 0.0659 0.0644 0.0651
April 0.0676 0.0655 0.0664
May 0.0678 0.0656 0.0671
June 0.0706 0.0678 0.0694
July 0.0746 0.0697 0.0721
August 0.0728 0.0674 0.0706
September 0.0706 0.0689 0.0698
October 0.0712 0.0700 0.0705
November 0.0733 0.0705 0.0718
December 0.0737 0.0716 0.0725