2023 DJF to DKK Historical Review

YEARLY HIGH

0.0400 DKK

YEARLY LOW

0.0373 DKK

YEARLY AVERAGE

0.0387 DKK

2023 DJF to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0400. Conversely, the yearly low was recorded on July 17, dropping to 0.0373.

This high-to-low spread represents a total annual volatility of 0.0027 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0388 to the December average rate of 0.0383, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0400 was down 8.03% compared to the 2022 peak of 0.0435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 200 DKK

2022 Average 199 DKK

Yearly Trough Low 186 DKK

Transaction Impact: A difference of 13.67 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0399

0.0378

JanuMarcMayJulySeptNove

DJF 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 0.0388, compared to 0.0387 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) 0.0388

H2 Avg (Jul–Dec) 0.0387

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0017 DKK (High: 0.0397 / Low: 0.0380). On the other end, October was the most stable month, with a tight range of 0.0007 DKK (High: 0.0400 / Low: 0.0393).

February Spread (Volatile) ±0.0017

October Spread (Stable) ±0.0007

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0397) against the same month in 2022 (average: 0.0425), the exchange rate shifted by -0.0028 (-6.66%).

2023 Avg (October) 0.0397

2022 Avg (October) 0.0425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0398	0.0383	0.0388
February	0.0397	0.0380	0.0391
March	0.0398	0.0384	0.0392
April	0.0388	0.0379	0.0383
May	0.0392	0.0379	0.0386
June	0.0391	0.0381	0.0386
July	0.0386	0.0373	0.0379
August	0.0388	0.0380	0.0384
September	0.0398	0.0388	0.0392
October	0.0400	0.0393	0.0397
November	0.0396	0.0381	0.0388
December	0.0389	0.0377	0.0383