2023 BOB to DKK Historical Review

YEARLY HIGH

1.0306 DKK

YEARLY LOW

0.9596 DKK

YEARLY AVERAGE

0.9975 DKK

2023 BOB to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.0306. Conversely, the yearly low was recorded on July 17, dropping to 0.9596.

This high-to-low spread represents a total annual volatility of 0.0710 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9983 to the December average rate of 0.9871, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0306 was down 8.10% compared to the 2022 peak of 1.1214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,153 DKK

2022 Average 5,133 DKK

Yearly Trough Low 4,798 DKK

Transaction Impact: A difference of 354.95 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0274

0.9716

JanuMarcMayJulySeptNove

BOB 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 0.9975, compared to 0.9975 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) 0.9975

H2 Avg (Jul–Dec) 0.9975

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0445 DKK (High: 1.0221 / Low: 0.9777). On the other end, October was the most stable month, with a tight range of 0.0180 DKK (High: 1.0306 / Low: 1.0126).

February Spread (Volatile) ±0.0445

October Spread (Stable) ±0.0180

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 0.0238 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.0227) against the same month in 2022 (average: 1.0944), the exchange rate shifted by -0.0717 (-6.55%).

2023 Avg (October) 1.0227

2022 Avg (October) 1.0944

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0224	0.9857	0.9983
February	1.0221	0.9777	1.0072
March	1.0245	0.9884	1.0080
April	1.0000	0.9757	0.9841
May	1.0083	0.9745	0.9930
June	1.0082	0.9807	0.9946
July	0.9943	0.9596	0.9763
August	0.9995	0.9791	0.9888
September	1.0260	0.9989	1.0111
October	1.0306	1.0126	1.0227
November	1.0210	0.9811	0.9989
December	1.0022	0.9696	0.9871