YEARLY HIGH
0.2718 ANG
YEARLY LOW
0.2530 ANG
YEARLY AVERAGE
0.2615 ANG

2023 DKK to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.2718. Conversely, the yearly low was recorded on October 3, dropping to 0.2530.

This high-to-low spread represents a total annual volatility of 0.0188 ANG. From a start-to-finish perspective, comparing the January average rate of 0.2613 to the December average rate of 0.2642, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2718 was down 2.08% compared to the 2022 peak of 0.2776, 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 1,359 ANG
2022 Average 1,276 ANG
Yearly Trough Low 1,265 ANG
Transaction Impact: A difference of 93.81 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2684
0.2538
JanuMarcMayJulySeptNove

DKK to ANG 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 0.2615, compared to 0.2616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2615
H2 Avg (Jul–Dec) 0.2616

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0116 ANG (High: 0.2668 / Low: 0.2552). On the other end, October was the most stable month, with a tight range of 0.0045 ANG (High: 0.2576 / Low: 0.2530).

February Spread (Volatile) ±0.0116
October Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2671) against the same month in 2022 (average: 0.2468), the exchange rate shifted by +0.0203 (+8.22%).

2023 Avg (July) 0.2671
2022 Avg (July) 0.2468

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2645 0.2551 0.2613
February 0.2668 0.2552 0.2590
March 0.2639 0.2546 0.2588
April 0.2673 0.2608 0.2648
May 0.2676 0.2586 0.2627
June 0.2659 0.2587 0.2622
July 0.2718 0.2623 0.2671
August 0.2664 0.2609 0.2638
September 0.2612 0.2542 0.2580
October 0.2576 0.2530 0.2551
November 0.2659 0.2555 0.2612
December 0.2690 0.2602 0.2642