2023 DKK to PLN Historical Review

YEARLY HIGH

0.6426 PLN

YEARLY LOW

0.5766 PLN

YEARLY AVERAGE

0.6094 PLN

2023 DKK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.6426. Conversely, the yearly low was recorded on December 13, dropping to 0.5766.

This high-to-low spread represents a total annual volatility of 0.0660 PLN. From a start-to-finish perspective, comparing the January average rate of 0.6285 to the December average rate of 0.5809, the exchange rate registered a net change of -7.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6426 was down 4.01% compared to the 2022 peak of 0.6694, 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 3,213 PLN

2022 Average 3,148 PLN

Yearly Trough Low 2,883 PLN

Transaction Impact: A difference of 329.78 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6425

0.5753

JanuMarcMayJulySeptNove

DKK to PLN 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 0.6209, compared to 0.5978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.6209

H2 Avg (Jul–Dec) 0.5978

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0317 PLN (High: 0.6354 / Low: 0.6037). On the other end, March was the most stable month, with a tight range of 0.0051 PLN (High: 0.6328 / Low: 0.6277).

January Spread (Volatile) ±0.0317

March Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0144 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6369) against the same month in 2022 (average: 0.6133), the exchange rate shifted by +0.0236 (+3.85%).

2023 Avg (February) 0.6369

2022 Avg (February) 0.6133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6354	0.6037	0.6285
February	0.6426	0.6294	0.6369
March	0.6328	0.6277	0.6300
April	0.6293	0.6138	0.6224
May	0.6178	0.6026	0.6093
June	0.6066	0.5939	0.5986
July	0.6019	0.5911	0.5964
August	0.6008	0.5939	0.5982
September	0.6252	0.5995	0.6169
October	0.6208	0.5926	0.6046
November	0.5987	0.5795	0.5901
December	0.5828	0.5766	0.5809