2023 DKK to BGN Historical Review

YEARLY HIGH

0.2657 BGN

YEARLY LOW

0.2604 BGN

YEARLY AVERAGE

0.2624 BGN

2023 DKK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.2657. Conversely, the yearly low was recorded on March 19, dropping to 0.2604.

This high-to-low spread represents a total annual volatility of 0.0054 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2629 to the December average rate of 0.2623, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2657 was up 0.12% compared to the 2022 peak of 0.2654, 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 1,329 BGN

2022 Average 1,314 BGN

Yearly Trough Low 1,302 BGN

Transaction Impact: A difference of 26.81 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2630

0.2621

JanuMarcMayJulySeptNove

DKK to BGN 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 0.2625, compared to 0.2623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2625

H2 Avg (Jul–Dec) 0.2623

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0039 BGN (High: 0.2657 / Low: 0.2618). On the other end, September was the most stable month, with a tight range of 0.0006 BGN (High: 0.2626 / Low: 0.2619).

February Spread (Volatile) ±0.0039

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2627) against the same month in 2022 (average: 0.2627), the exchange rate shifted by -0.0000 (-0.01%).

2023 Avg (February) 0.2627

2022 Avg (February) 0.2627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2633	0.2623	0.2629
February	0.2657	0.2618	0.2627
March	0.2636	0.2604	0.2625
April	0.2629	0.2604	0.2621
May	0.2629	0.2605	0.2624
June	0.2627	0.2617	0.2625
July	0.2632	0.2621	0.2625
August	0.2628	0.2620	0.2624
September	0.2626	0.2619	0.2623
October	0.2626	0.2615	0.2621
November	0.2628	0.2616	0.2623
December	0.2630	0.2619	0.2623