2023 DKK to BZD Historical Review

YEARLY HIGH

0.3040 BZD

YEARLY LOW

0.2830 BZD

YEARLY AVERAGE

0.2925 BZD

2023 DKK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.3040. Conversely, the yearly low was recorded on October 3, dropping to 0.2830.

This high-to-low spread represents a total annual volatility of 0.0209 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2922 to the December average rate of 0.2955, the exchange rate registered a net change of 1.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3040 was down 2.08% compared to the 2022 peak of 0.3104, 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 1,520 BZD

2022 Average 1,427 BZD

Yearly Trough Low 1,415 BZD

Transaction Impact: A difference of 104.75 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3001

0.2839

JanuMarcMayJulySeptNove

DKK to BZD 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 0.2924, compared to 0.2925 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) 0.2924

H2 Avg (Jul–Dec) 0.2925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0130 BZD (High: 0.2984 / Low: 0.2854). On the other end, October was the most stable month, with a tight range of 0.0050 BZD (High: 0.2881 / Low: 0.2830).

February Spread (Volatile) ±0.0130

October Spread (Stable) ±0.0050

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 0.0065 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2988) against the same month in 2022 (average: 0.2761), the exchange rate shifted by +0.0227 (+8.21%).

2023 Avg (July) 0.2988

2022 Avg (July) 0.2761

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2959	0.2853	0.2922
February	0.2984	0.2854	0.2896
March	0.2951	0.2847	0.2891
April	0.2990	0.2917	0.2962
May	0.2994	0.2893	0.2938
June	0.2974	0.2893	0.2933
July	0.3040	0.2934	0.2988
August	0.2979	0.2919	0.2950
September	0.2920	0.2843	0.2885
October	0.2881	0.2830	0.2852
November	0.2973	0.2857	0.2921
December	0.3008	0.2911	0.2955