2023 DKK to BRL Historical Review

YEARLY HIGH

0.7770 BRL

YEARLY LOW

0.6944 BRL

YEARLY AVERAGE

0.7249 BRL

2023 DKK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.7770. Conversely, the yearly low was recorded on September 14, dropping to 0.6944.

This high-to-low spread represents a total annual volatility of 0.0826 BRL. From a start-to-finish perspective, comparing the January average rate of 0.7521 to the December average rate of 0.7172, the exchange rate registered a net change of -4.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7770 was down 10.49% compared to the 2022 peak of 0.8681, 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 3,885 BRL

2022 Average 3,656 BRL

Yearly Trough Low 3,472 BRL

Transaction Impact: A difference of 412.83 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7567

0.7015

JanuMarcMayJulySeptNove

DKK to BRL 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 0.7358, compared to 0.7139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.7358

H2 Avg (Jul–Dec) 0.7139

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0412 BRL (High: 0.7706 / Low: 0.7294). On the other end, December was the most stable month, with a tight range of 0.0169 BRL (High: 0.7248 / Low: 0.7079).

March Spread (Volatile) ±0.0412

December Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between June and August, 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 May and June, when the average rate fell by 0.0195 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7521) against the same month in 2022 (average: 0.8403), the exchange rate shifted by -0.0883 (-10.51%).

2023 Avg (January) 0.7521

2022 Avg (January) 0.8403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7770	0.7399	0.7521
February	0.7635	0.7313	0.7441
March	0.7706	0.7294	0.7493
April	0.7475	0.7240	0.7376
May	0.7447	0.7140	0.7256
June	0.7245	0.6986	0.7061
July	0.7252	0.6974	0.7121
August	0.7294	0.7057	0.7184
September	0.7162	0.6944	0.7080
October	0.7311	0.7058	0.7169
November	0.7220	0.6988	0.7109
December	0.7248	0.7079	0.7172