2023 DKK to LBP Historical Review

YEARLY HIGH

2277.6226 LBP

YEARLY LOW

215.3156 LBP

YEARLY AVERAGE

1993.9285 LBP

2023 DKK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 2277.6226. Conversely, the yearly low was recorded on January 5, dropping to 215.3156.

This high-to-low spread represents a total annual volatility of 2062.3070 LBP. From a start-to-finish perspective, comparing the January average rate of 219.7736 to the December average rate of 2204.3261, the exchange rate registered a net change of 903.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2277.6226 was up 875.51% compared to the 2022 peak of 233.4794, 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 11,388,113 LBP

2022 Average 1,073,258 LBP

Yearly Trough Low 1,076,578 LBP

Transaction Impact: A difference of 10,311,535.13 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2437.2483

18.1849

JanuMarcMayJulySeptNove

DKK to LBP 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 1804.0116, compared to 2183.8455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 379.8340 points.

H1 Avg (Jan–Jun) 1804.0116

H2 Avg (Jul–Dec) 2183.8455

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2001.9926 LBP (High: 2220.7940 / Low: 218.8014). On the other end, January was the most stable month, with a tight range of 7.4988 LBP (High: 222.8143 / Low: 215.3156).

February Spread (Volatile) ±2001.9926

January Spread (Stable) ±7.4988

Growth Streaks & Declines

Trends

Between January and April, 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 49.1024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -49.1024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2235.6597) against the same month in 2022 (average: 207.1076), the exchange rate shifted by +2028.5521 (+979.47%).

2023 Avg (July) 2235.6597

2022 Avg (July) 207.1076

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	222.8143	215.3156	219.7736
February	2220.7940	218.8014	1815.6601
March	2210.9961	2120.2319	2167.6032
April	2245.3894	2186.9142	2220.3730
May	2259.6078	2157.1258	2199.7933
June	2240.0118	2164.4338	2200.8662
July	2277.6226	2184.5386	2235.6597
August	2243.2647	2173.2326	2204.1909
September	2184.6353	2118.4784	2155.0885
October	2148.5594	2110.4307	2126.9957
November	2216.7630	2131.4527	2176.8123
December	2241.7445	2170.6176	2204.3261