2023 DKK to BBD Historical Review

YEARLY HIGH

0.3017 BBD

YEARLY LOW

0.2807 BBD

YEARLY AVERAGE

0.2903 BBD

2023 DKK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.3017. Conversely, the yearly low was recorded on October 3, dropping to 0.2807.

This high-to-low spread represents a total annual volatility of 0.0210 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2900 to the December average rate of 0.2929, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3017 was down 2.01% compared to the 2022 peak of 0.3079, 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 1,509 BBD

2022 Average 1,416 BBD

Yearly Trough Low 1,404 BBD

Transaction Impact: A difference of 104.97 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2981

0.2819

JanuMarcMayJulySeptNove

DKK to BBD 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 0.2903, compared to 0.2904 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) 0.2903

H2 Avg (Jul–Dec) 0.2904

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0128 BBD (High: 0.2961 / Low: 0.2833). On the other end, October was the most stable month, with a tight range of 0.0052 BBD (High: 0.2859 / Low: 0.2807).

February Spread (Volatile) ±0.0128

October Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between February and April, 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 0.0064 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2968) against the same month in 2022 (average: 0.2740), the exchange rate shifted by +0.0228 (+8.31%).

2023 Avg (July) 0.2968

2022 Avg (July) 0.2740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2936	0.2829	0.2900
February	0.2961	0.2833	0.2874
March	0.2928	0.2834	0.2876
April	0.2967	0.2901	0.2942
May	0.2971	0.2872	0.2916
June	0.2951	0.2872	0.2911
July	0.3017	0.2915	0.2968
August	0.2955	0.2897	0.2927
September	0.2896	0.2818	0.2863
October	0.2859	0.2807	0.2832
November	0.2952	0.2836	0.2901
December	0.2980	0.2887	0.2929