2023 DKK to BTN Historical Review

YEARLY HIGH

12.4691 BTN

YEARLY LOW

11.5577 BTN

YEARLY AVERAGE

11.9825 BTN

2023 DKK to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 12.4691. Conversely, the yearly low was recorded on March 7, dropping to 11.5577.

This high-to-low spread represents a total annual volatility of 0.9114 BTN. From a start-to-finish perspective, comparing the January average rate of 11.8622 to the December average rate of 12.2036, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.4691 was up 4.90% compared to the 2022 peak of 11.8865, 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 62,346 BTN

2022 Average 55,574 BTN

Yearly Trough Low 57,789 BTN

Transaction Impact: A difference of 4,557.05 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.2464

11.7320

JanuMarcMayJulySeptNove

DKK to BTN 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 11.9257, compared to 12.0392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1134 points.

H1 Avg (Jan–Jun) 11.9257

H2 Avg (Jul–Dec) 12.0392

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.5329 BTN (High: 12.4691 / Low: 11.9362). On the other end, October was the most stable month, with a tight range of 0.2017 BTN (High: 11.8861 / Low: 11.6845).

July Spread (Volatile) ±0.5329

October Spread (Stable) ±0.2017

Growth Streaks & Declines

Trends

Between October and December, 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 0.2371 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 12.1834) against the same month in 2022 (average: 10.8925), the exchange rate shifted by +1.2909 (+11.85%).

2023 Avg (July) 12.1834

2022 Avg (July) 10.8925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9811	11.7062	11.8622
February	12.1351	11.7165	11.8666
March	12.0616	11.5577	11.8209
April	12.1415	11.8927	12.0454
May	12.1461	11.8704	11.9982
June	12.0986	11.8316	11.9610
July	12.4691	11.9362	12.1834
August	12.2370	11.9598	12.1206
September	11.9792	11.7368	11.8835
October	11.8861	11.6845	11.7749
November	12.2937	11.8118	12.0693
December	12.4191	12.0398	12.2036