2023 DKK to LSL Historical Review

YEARLY HIGH

2.8571 LSL

YEARLY LOW

2.3993 LSL

YEARLY AVERAGE

2.6790 LSL

2023 DKK to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 2.8571. Conversely, the yearly low was recorded on January 5, dropping to 2.3993.

This high-to-low spread represents a total annual volatility of 0.4578 LSL. From a start-to-finish perspective, comparing the January average rate of 2.4799 to the December average rate of 2.7343, the exchange rate registered a net change of 10.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8571 was up 13.67% compared to the 2022 peak of 2.5136, 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 14,286 LSL

2022 Average 11,557 LSL

Yearly Trough Low 11,997 LSL

Transaction Impact: A difference of 2,289.15 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8053

2.4504

JanuMarcMayJulySeptNove

DKK to LSL 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 2.6411, compared to 2.7169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0758 points.

H1 Avg (Jan–Jun) 2.6411

H2 Avg (Jul–Dec) 2.7169

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.2026 LSL (High: 2.7924 / Low: 2.5898). On the other end, October was the most stable month, with a tight range of 0.0901 LSL (High: 2.7510 / Low: 2.6609).

July Spread (Volatile) ±0.2026

October Spread (Stable) ±0.0901

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0507 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0507

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.7250) against the same month in 2022 (average: 2.2420), the exchange rate shifted by +0.4830 (+21.54%).

2023 Avg (June) 2.7250

2022 Avg (June) 2.2420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5456	2.3993	2.4799
February	2.6241	2.4868	2.5720
March	2.6927	2.5924	2.6264
April	2.7233	2.5747	2.6676
May	2.8448	2.7044	2.7757
June	2.8571	2.6684	2.7250
July	2.7924	2.5898	2.7042
August	2.8512	2.6614	2.7518
September	2.7647	2.6619	2.7143
October	2.7510	2.6609	2.6986
November	2.8118	2.6140	2.6983
December	2.8147	2.6690	2.7343