YEARLY HIGH
15.9827 ALL
YEARLY LOW
13.4030 ALL
YEARLY AVERAGE
14.6014 ALL

2023 DKK to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 15.9827. Conversely, the yearly low was recorded on July 20, dropping to 13.4030.

This high-to-low spread represents a total annual volatility of 2.5797 ALL. From a start-to-finish perspective, comparing the January average rate of 15.6475 to the December average rate of 13.7921, the exchange rate registered a net change of -11.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.9827 was down 5.82% compared to the 2022 peak of 16.9712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,914 ALL
2022 Average 79,937 ALL
Yearly Trough Low 67,015 ALL
Transaction Impact: A difference of 12,898.42 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.8331
13.6066
JanuMarcMayJulySeptNove

DKK to ALL 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 15.1553, compared to 14.0475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1078 points.

H1 Avg (Jan–Jun) 15.1553
H2 Avg (Jul–Dec) 14.0475

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.1021 ALL (High: 14.8320 / Low: 13.7299). On the other end, October was the most stable month, with a tight range of 0.2324 ALL (High: 14.2832 / Low: 14.0508).

August Spread (Volatile) ±1.1021
October Spread (Stable) ±0.2324

Growth Streaks & Declines

Trends

Between July and September, 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 June and July, when the average rate fell by 0.5436 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 15.6475) against the same month in 2022 (average: 16.3101), the exchange rate shifted by -0.6625 (-4.06%).

2023 Avg (January) 15.6475
2022 Avg (January) 16.3101

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.9827 15.1766 15.6475
February 15.8283 15.4038 15.5243
March 15.5240 15.1795 15.3697
April 15.2740 14.7838 15.0639
May 15.2456 14.7527 14.9131
June 14.7501 14.1596 14.4129
July 14.3418 13.4030 13.8694
August 14.8320 13.7299 14.1790
September 14.5044 14.1547 14.3313
October 14.2832 14.0508 14.1787
November 14.1793 13.6517 13.9343
December 13.9626 13.5647 13.7921