YEARLY HIGH
120.3113 ARS
YEARLY LOW
25.2911 ARS
YEARLY AVERAGE
42.8884 ARS

2023 DKK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 120.3113. Conversely, the yearly low was recorded on January 3, dropping to 25.2911.

This high-to-low spread represents a total annual volatility of 95.0202 ARS. From a start-to-finish perspective, comparing the January average rate of 26.3955 to the December average rate of 92.8117, the exchange rate registered a net change of 251.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 120.3113 was up 371.89% compared to the 2022 peak of 25.4956, 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 601,556 ARS
2022 Average 92,062 ARS
Yearly Trough Low 126,455 ARS
Transaction Impact: A difference of 475,101.03 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

99.4533
19.7538
JanuMarcMayJulySeptNove

DKK to ARS 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 30.7487, compared to 55.0282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.2795 points.

H1 Avg (Jan–Jun) 30.7487
H2 Avg (Jul–Dec) 55.0282

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 67.8130 ARS (High: 120.3113 / Low: 52.4982). On the other end, February was the most stable month, with a tight range of 0.8668 ARS (High: 28.0500 / Low: 27.1832).

December Spread (Volatile) ±67.8130
February Spread (Stable) ±0.8668

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5265 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.5265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 92.8117) against the same month in 2022 (average: 24.5339), the exchange rate shifted by +68.2778 (+278.30%).

2023 Avg (December) 92.8117
2022 Avg (December) 24.5339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.3023 25.2911 26.3955
February 28.0500 27.1832 27.5509
March 30.5332 28.1798 29.1264
April 32.8547 30.3284 31.6563
May 34.4185 32.7181 33.6416
June 37.5857 34.5670 36.1213
July 40.6239 37.3461 39.4303
August 51.3082 40.7349 47.0210
September 50.6724 49.3149 50.0914
October 50.0419 49.1320 49.5649
November 53.0726 49.6341 51.2497
December 120.3113 52.4982 92.8117