2023 DKK to JPY Historical Review

YEARLY HIGH

22.0034 JPY

YEARLY LOW

18.6074 JPY

YEARLY AVERAGE

20.3907 JPY

2023 DKK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 22.0034. Conversely, the yearly low was recorded on January 17, dropping to 18.6074.

This high-to-low spread represents a total annual volatility of 3.3960 JPY. From a start-to-finish perspective, comparing the January average rate of 18.8718 to the December average rate of 21.0402, the exchange rate registered a net change of 11.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.0034 was up 10.99% compared to the 2022 peak of 19.8239, 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 110,017 JPY

2022 Average 92,751 JPY

Yearly Trough Low 93,037 JPY

Transaction Impact: A difference of 16,979.94 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

22.0170

18.5859

JanuMarcMayJulySeptNove

DKK to JPY 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 19.5732, compared to 21.2081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6349 points.

H1 Avg (Jan–Jun) 19.5732

H2 Avg (Jul–Dec) 21.2081

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.1334 JPY (High: 21.1710 / Low: 20.0377). On the other end, September was the most stable month, with a tight range of 0.2147 JPY (High: 21.2434 / Low: 21.0287).

June Spread (Volatile) ±1.1334

September Spread (Stable) ±0.2147

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6908 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.6908

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 21.7310) against the same month in 2022 (average: 19.4811), the exchange rate shifted by +2.2499 (+11.55%).

2023 Avg (November) 21.7310

2022 Avg (November) 19.4811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0914	18.6074	18.8718
February	19.4306	18.8426	19.1353
March	19.5267	18.8798	19.2073
April	20.1502	19.1619	19.6454
May	20.2795	19.7058	20.0088
June	21.1710	20.0377	20.5705
July	21.1889	20.4590	20.9459
August	21.4250	20.9449	21.1931
September	21.2434	21.0287	21.1600
October	21.4460	20.9401	21.1786
November	22.0034	21.3554	21.7310
December	21.4352	20.7713	21.0402