YEARLY HIGH
60.5250 AMD
YEARLY LOW
54.6906 AMD
YEARLY AVERAGE
56.9668 AMD

2023 DKK to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 60.5250. Conversely, the yearly low was recorded on September 23, dropping to 54.6906.

This high-to-low spread represents a total annual volatility of 5.8344 AMD. From a start-to-finish perspective, comparing the January average rate of 57.3465 to the December average rate of 59.2318, the exchange rate registered a net change of 3.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 60.5250 was down 21.16% compared to the 2022 peak of 76.7677, 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 302,625 AMD
2022 Average 309,946 AMD
Yearly Trough Low 273,453 AMD
Transaction Impact: A difference of 29,171.96 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

59.6236
54.9217
JanuMarcMayJulySeptNove

DKK to AMD 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 56.5819, compared to 57.3518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7699 points.

H1 Avg (Jan–Jun) 56.5819
H2 Avg (Jul–Dec) 57.3518

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 4.6937 AMD (High: 60.5250 / Low: 55.8314). On the other end, August was the most stable month, with a tight range of 1.2922 AMD (High: 57.1957 / Low: 55.9035).

October Spread (Volatile) ±4.6937
August Spread (Stable) ±1.2922

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 1.2507 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 57.2108) against the same month in 2022 (average: 53.3666), the exchange rate shifted by +3.8442 (+7.20%).

2023 Avg (October) 57.2108
2022 Avg (October) 53.3666

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.0888 55.6132 57.3465
February 58.6274 55.1665 56.6211
March 57.0567 54.8298 55.8197
April 57.9109 56.4515 57.1053
May 57.6734 55.3362 56.3710
June 57.0623 55.2402 56.2276
July 58.8683 56.2401 57.4920
August 57.1957 55.9035 56.5643
September 56.3060 54.6906 55.3136
October 60.5250 55.8314 57.2108
November 59.3494 57.1024 58.2983
December 60.4136 58.0815 59.2318