2023 DKK to BDT Historical Review

YEARLY HIGH

16.4070 BDT

YEARLY LOW

14.6633 BDT

YEARLY AVERAGE

15.6807 BDT

2023 DKK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 16.4070. Conversely, the yearly low was recorded on January 3, dropping to 14.6633.

This high-to-low spread represents a total annual volatility of 1.7437 BDT. From a start-to-finish perspective, comparing the January average rate of 15.1949 to the December average rate of 16.1135, the exchange rate registered a net change of 6.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.4070 was up 8.11% compared to the 2022 peak of 15.1758, 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 82,035 BDT

2022 Average 65,918 BDT

Yearly Trough Low 73,316 BDT

Transaction Impact: A difference of 8,718.27 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.2054

15.1031

JanuMarcMayJulySeptNove

DKK to BDT 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 15.4419, compared to 15.9195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4776 points.

H1 Avg (Jan–Jun) 15.4419

H2 Avg (Jul–Dec) 15.9195

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.9432 BDT (High: 15.6065 / Low: 14.6633). On the other end, October was the most stable month, with a tight range of 0.2740 BDT (High: 15.7566 / Low: 15.4827).

January Spread (Volatile) ±0.9432

October Spread (Stable) ±0.2740

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2772 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 16.0871) against the same month in 2022 (average: 12.8723), the exchange rate shifted by +3.2148 (+24.97%).

2023 Avg (July) 16.0871

2022 Avg (July) 12.8723

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.6065	14.6633	15.1949
February	15.7291	14.8475	15.2759
March	15.7032	14.9177	15.2240
April	15.8408	15.3901	15.6111
May	15.9484	15.3938	15.6195
June	15.9647	15.4270	15.7262
July	16.4070	15.7443	16.0871
August	16.1402	15.8148	15.9938
September	15.9299	15.5540	15.7167
October	15.7566	15.4827	15.6014
November	16.2624	15.6289	16.0046
December	16.3795	15.8694	16.1135