2023 DKK to MUR Historical Review

YEARLY HIGH

6.8533 MUR

YEARLY LOW

6.1822 MUR

YEARLY AVERAGE

6.5476 MUR

2023 DKK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 6.8533. Conversely, the yearly low was recorded on January 5, dropping to 6.1822.

This high-to-low spread represents a total annual volatility of 0.6712 MUR. From a start-to-finish perspective, comparing the January average rate of 6.3981 to the December average rate of 6.4656, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.8533 was up 1.53% compared to the 2022 peak of 6.7502, 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 34,267 MUR

2022 Average 31,317 MUR

Yearly Trough Low 30,911 MUR

Transaction Impact: A difference of 3,355.93 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.8110

6.2284

JanuMarcMayJulySeptNove

DKK to MUR 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 6.5920, compared to 6.5032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0888 points.

H1 Avg (Jan–Jun) 6.5920

H2 Avg (Jul–Dec) 6.5032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.4809 MUR (High: 6.7498 / Low: 6.2689). On the other end, April was the most stable month, with a tight range of 0.0990 MUR (High: 6.6977 / Low: 6.5987).

September Spread (Volatile) ±0.4809

April Spread (Stable) ±0.0990

Growth Streaks & Declines

Trends

Between January and March, 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 0.2177 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 6.7624) against the same month in 2022 (average: 6.2084), the exchange rate shifted by +0.5540 (+8.92%).

2023 Avg (July) 6.7624

2022 Avg (July) 6.2084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5989	6.1822	6.3981
February	6.6738	6.4889	6.5688
March	6.7914	6.5673	6.6797
April	6.6977	6.5987	6.6397
May	6.7367	6.5465	6.6237
June	6.7591	6.5319	6.6423
July	6.8533	6.6355	6.7624
August	6.7478	6.5855	6.6583
September	6.7498	6.2689	6.4406
October	6.3427	6.2345	6.2769
November	6.5417	6.2762	6.4152
December	6.6531	6.3679	6.4656