2023 ARS to DKK Historical Review

YEARLY HIGH

0.0395 DKK

YEARLY LOW

0.0083 DKK

YEARLY AVERAGE

0.0264 DKK

2023 ARS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0395. Conversely, the yearly low was recorded on December 27, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0312 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0379 to the December average rate of 0.0125, the exchange rate registered a net change of -66.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0395 was down 38.16% compared to the 2022 peak of 0.0639, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 198 DKK

2022 Average 276 DKK

Yearly Trough Low 42 DKK

Transaction Impact: A difference of 156.14 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0404

0.0100

JanuMarcMayJulySeptNove

ARS 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 0.0329, compared to 0.0198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.0329

H2 Avg (Jul–Dec) 0.0198

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0107 DKK (High: 0.0190 / Low: 0.0083). On the other end, October was the most stable month, with a tight range of 0.0004 DKK (High: 0.0204 / Low: 0.0200).

December Spread (Volatile) ±0.0107

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0070 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0379) against the same month in 2022 (average: 0.0633), the exchange rate shifted by -0.0254 (-40.09%).

2023 Avg (January) 0.0379

2022 Avg (January) 0.0633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0395	0.0366	0.0379
February	0.0368	0.0357	0.0363
March	0.0355	0.0328	0.0344
April	0.0330	0.0304	0.0316
May	0.0306	0.0291	0.0297
June	0.0289	0.0266	0.0277
July	0.0268	0.0246	0.0254
August	0.0245	0.0195	0.0215
September	0.0203	0.0197	0.0200
October	0.0204	0.0200	0.0202
November	0.0201	0.0188	0.0195
December	0.0190	0.0083	0.0125