2023 DKK to AUD Historical Review

YEARLY HIGH

0.2288 AUD

YEARLY LOW

0.2043 AUD

YEARLY AVERAGE

0.2185 AUD

2023 DKK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.2288. Conversely, the yearly low was recorded on January 27, dropping to 0.2043.

This high-to-low spread represents a total annual volatility of 0.0245 AUD. From a start-to-finish perspective, comparing the January average rate of 0.2083 to the December average rate of 0.2185, the exchange rate registered a net change of 4.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2288 was up 5.16% compared to the 2022 peak of 0.2176, 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 1,144 AUD

2022 Average 1,020 AUD

Yearly Trough Low 1,022 AUD

Transaction Impact: A difference of 122.46 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2277

0.2066

JanuMarcMayJulySeptNove

DKK to AUD 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 0.2147, compared to 0.2224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.2147

H2 Avg (Jul–Dec) 0.2224

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0086 AUD (High: 0.2221 / Low: 0.2135). On the other end, December was the most stable month, with a tight range of 0.0038 AUD (High: 0.2209 / Low: 0.2171).

June Spread (Volatile) ±0.0086

December Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0047 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.2259) against the same month in 2022 (average: 0.1957), the exchange rate shifted by +0.0302 (+15.41%).

2023 Avg (August) 0.2259

2022 Avg (August) 0.1957

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2111	0.2043	0.2083
February	0.2115	0.2062	0.2086
March	0.2180	0.2112	0.2152
April	0.2242	0.2158	0.2200
May	0.2237	0.2175	0.2196
June	0.2221	0.2135	0.2166
July	0.2224	0.2183	0.2205
August	0.2288	0.2232	0.2259
September	0.2257	0.2204	0.2229
October	0.2256	0.2201	0.2231
November	0.2253	0.2207	0.2232
December	0.2209	0.2171	0.2185