YEARLY HIGH
0.1354 CHF
YEARLY LOW
0.1245 CHF
YEARLY AVERAGE
0.1304 CHF

2023 DKK to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.1354. Conversely, the yearly low was recorded on December 30, dropping to 0.1245.

This high-to-low spread represents a total annual volatility of 0.0109 CHF. From a start-to-finish perspective, comparing the January average rate of 0.1340 to the December average rate of 0.1265, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1354 was down 4.89% compared to the 2022 peak of 0.1424, 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 677 CHF
2022 Average 675 CHF
Yearly Trough Low 622 CHF
Transaction Impact: A difference of 54.52 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1347
0.1258
JanuMarcMayJulySeptNove

DKK to CHF 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 0.1324, compared to 0.1285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1324
H2 Avg (Jul–Dec) 0.1285

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0034 CHF (High: 0.1279 / Low: 0.1245). On the other end, August was the most stable month, with a tight range of 0.0013 CHF (High: 0.1292 / Low: 0.1279).

December Spread (Volatile) ±0.0034
August Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0028 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1340) against the same month in 2022 (average: 0.1398), the exchange rate shifted by -0.0058 (-4.16%).

2023 Avg (January) 0.1340
2022 Avg (January) 0.1398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1354 0.1324 0.1340
February 0.1344 0.1323 0.1331
March 0.1347 0.1315 0.1330
April 0.1337 0.1313 0.1322
May 0.1327 0.1300 0.1310
June 0.1317 0.1301 0.1310
July 0.1313 0.1280 0.1297
August 0.1292 0.1279 0.1286
September 0.1298 0.1278 0.1287
October 0.1297 0.1265 0.1280
November 0.1298 0.1278 0.1293
December 0.1279 0.1245 0.1265