2023 BWP to DKK Historical Review

YEARLY HIGH

0.5525 DKK

YEARLY LOW

0.4995 DKK

YEARLY AVERAGE

0.5161 DKK

2023 BWP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5525. Conversely, the yearly low was recorded on December 28, dropping to 0.4995.

This high-to-low spread represents a total annual volatility of 0.0529 DKK. From a start-to-finish perspective, comparing the January average rate of 0.5400 to the December average rate of 0.5056, the exchange rate registered a net change of -6.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5525 was down 7.34% compared to the 2022 peak of 0.5962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,762 DKK

2022 Average 2,861 DKK

Yearly Trough Low 2,498 DKK

Transaction Impact: A difference of 264.73 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5435

0.5021

JanuMarcMayJulySeptNove

BWP 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 0.5228, compared to 0.5095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.5228

H2 Avg (Jul–Dec) 0.5095

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0220 DKK (High: 0.5225 / Low: 0.5005). On the other end, October was the most stable month, with a tight range of 0.0101 DKK (High: 0.5188 / Low: 0.5087).

July Spread (Volatile) ±0.0220

October Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0088 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5400) against the same month in 2022 (average: 0.5663), the exchange rate shifted by -0.0262 (-4.64%).

2023 Avg (January) 0.5400

2022 Avg (January) 0.5663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5525	0.5322	0.5400
February	0.5413	0.5265	0.5320
March	0.5334	0.5169	0.5262
April	0.5300	0.5108	0.5181
May	0.5141	0.5039	0.5092
June	0.5164	0.5020	0.5112
July	0.5225	0.5005	0.5091
August	0.5127	0.5012	0.5063
September	0.5174	0.5066	0.5119
October	0.5188	0.5087	0.5141
November	0.5184	0.5010	0.5101
December	0.5112	0.4995	0.5056