2023 DKK to MMK Historical Review

YEARLY HIGH

316.6988 MMK

YEARLY LOW

294.9013 MMK

YEARLY AVERAGE

304.7092 MMK

2023 DKK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 316.6988. Conversely, the yearly low was recorded on October 3, dropping to 294.9013.

This high-to-low spread represents a total annual volatility of 21.7975 MMK. From a start-to-finish perspective, comparing the January average rate of 304.4656 to the December average rate of 307.8930, the exchange rate registered a net change of 1.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 316.6988 was up 4.76% compared to the 2022 peak of 302.2949, 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 1,583,494 MMK

2022 Average 1,362,429 MMK

Yearly Trough Low 1,474,506 MMK

Transaction Impact: A difference of 108,987.74 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

312.6712

295.7572

JanuMarcMayJulySeptNove

DKK to MMK 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 304.6595, compared to 304.7590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0995 points.

H1 Avg (Jan–Jun) 304.6595

H2 Avg (Jul–Dec) 304.7590

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 13.5298 MMK (High: 310.8557 / Low: 297.3259). On the other end, October was the most stable month, with a tight range of 5.2109 MMK (High: 300.1121 / Low: 294.9013).

February Spread (Volatile) ±13.5298

October Spread (Stable) ±5.2109

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 6.7893 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.7893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 311.2617) against the same month in 2022 (average: 253.6115), the exchange rate shifted by +57.6502 (+22.73%).

2023 Avg (July) 311.2617

2022 Avg (July) 253.6115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	308.2571	297.2512	304.4656
February	310.8557	297.3259	301.7619
March	307.4709	296.6337	301.5160
April	311.4875	303.8949	308.5657
May	311.8798	301.4243	306.0754
June	309.8745	301.4341	305.5725
July	316.6988	305.6326	311.2617
August	310.3681	304.0680	307.3671
September	304.3036	296.2113	300.5778
October	300.1121	294.9013	297.1667
November	309.7685	297.6765	304.2875
December	313.4219	303.2248	307.8930