2023 DKK to PKR Historical Review

YEARLY HIGH

44.6855 PKR

YEARLY LOW

32.1311 PKR

YEARLY AVERAGE

40.5720 PKR

2023 DKK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 44.6855. Conversely, the yearly low was recorded on January 5, dropping to 32.1311.

This high-to-low spread represents a total annual volatility of 12.5544 PKR. From a start-to-finish perspective, comparing the January average rate of 33.8949 to the December average rate of 41.3049, the exchange rate registered a net change of 21.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 44.6855 was up 35.66% compared to the 2022 peak of 32.9390, 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 223,428 PKR

2022 Average 144,327 PKR

Yearly Trough Low 160,656 PKR

Transaction Impact: A difference of 62,772.04 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

43.8552

32.9895

JanuMarcMayJulySeptNove

DKK to PKR 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 39.5693, compared to 41.5748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0056 points.

H1 Avg (Jan–Jun) 39.5693

H2 Avg (Jul–Dec) 41.5748

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 6.9936 PKR (High: 39.1247 / Low: 32.1311). On the other end, December was the most stable month, with a tight range of 1.1479 PKR (High: 42.0170 / Low: 40.8692).

January Spread (Volatile) ±6.9936

December Spread (Stable) ±1.1479

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 September and October, when the average rate fell by 3.0639 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.0639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 42.9497) against the same month in 2022 (average: 30.0333), the exchange rate shifted by +12.9164 (+43.01%).

2023 Avg (August) 42.9497

2022 Avg (August) 30.0333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	39.1247	32.1311	33.8949
February	39.7601	36.3127	38.1447
March	41.5316	37.5750	40.2844
April	42.5681	41.0206	41.7218
May	43.3180	40.9843	41.6594
June	42.3298	41.0675	41.7104
July	42.7946	40.1034	41.7875
August	44.6855	41.8717	42.9497
September	44.3958	40.6823	42.6273
October	40.9448	39.0322	39.5634
November	42.2021	39.7507	41.2162
December	42.0170	40.8692	41.3049