2023 DKK to IDR Historical Review

YEARLY HIGH

2295.7496 IDR

YEARLY LOW

2136.1235 IDR

YEARLY AVERAGE

2212.0548 IDR

2023 DKK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2295.7496. Conversely, the yearly low was recorded on June 5, dropping to 2136.1235.

This high-to-low spread represents a total annual volatility of 159.6261 IDR. From a start-to-finish perspective, comparing the January average rate of 2209.6067 to the December average rate of 2267.6167, the exchange rate registered a net change of 2.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2295.7496 was up 1.69% compared to the 2022 peak of 2257.5848, 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 11,478,748 IDR

2022 Average 10,505,480 IDR

Yearly Trough Low 10,680,617 IDR

Transaction Impact: A difference of 798,130.48 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2277.9095

2154.3961

JanuMarcMayJulySeptNove

DKK to IDR 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 2185.8834, compared to 2238.2262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.3428 points.

H1 Avg (Jan–Jun) 2185.8834

H2 Avg (Jul–Dec) 2238.2262

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 89.6965 IDR (High: 2273.7626 / Low: 2184.0661). On the other end, September was the most stable month, with a tight range of 24.7349 IDR (High: 2213.8069 / Low: 2189.0720).

October Spread (Volatile) ±89.6965

September Spread (Stable) ±24.7349

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 33.3739 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -33.3739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2267.6167) against the same month in 2022 (average: 2216.9047), the exchange rate shifted by +50.7120 (+2.29%).

2023 Avg (December) 2267.6167

2022 Avg (December) 2216.9047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2249.4476	2187.9183	2209.6067
February	2205.2061	2162.5089	2178.8474
March	2227.9078	2178.4940	2199.4383
April	2217.5596	2167.0943	2187.3721
May	2181.8193	2149.5534	2164.6889
June	2206.1923	2136.1235	2175.3470
July	2261.5315	2194.7135	2234.6805
August	2251.3112	2209.4371	2234.4779
September	2213.8069	2189.0720	2201.1040
October	2273.7626	2184.0661	2231.7976
November	2286.7403	2238.4376	2259.6805
December	2295.7496	2238.7005	2267.6167