YEARLY HIGH
1097.7419 PYG
YEARLY LOW
1017.1203 PYG
YEARLY AVERAGE
1057.8669 PYG

2023 DKK to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 1097.7419. Conversely, the yearly low was recorded on March 7, dropping to 1017.1203.

This high-to-low spread represents a total annual volatility of 80.6216 PYG. From a start-to-finish perspective, comparing the January average rate of 1069.4690 to the December average rate of 1077.7200, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1097.7419 was up 1.39% compared to the 2022 peak of 1082.7139, 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 5,488,709 PYG
2022 Average 4,942,194 PYG
Yearly Trough Low 5,085,601 PYG
Transaction Impact: A difference of 403,108.03 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1083.3830
1029.0265
JanuMarcMayJulySeptNove

DKK to PYG 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 1051.7175, compared to 1064.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.2988 points.

H1 Avg (Jan–Jun) 1051.7175
H2 Avg (Jul–Dec) 1064.0163

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 53.0602 PYG (High: 1088.8425 / Low: 1035.7823). On the other end, August was the most stable month, with a tight range of 22.2790 PYG (High: 1076.9706 / Low: 1054.6917).

January Spread (Volatile) ±53.0602
August Spread (Stable) ±22.2790

Growth Streaks & Declines

Trends

Between May and July, 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 22.8908 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -22.8908

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1078.8533) against the same month in 2022 (average: 986.4851), the exchange rate shifted by +92.3682 (+9.36%).

2023 Avg (November) 1078.8533
2022 Avg (November) 986.4851

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1088.8425 1035.7823 1069.4690
February 1087.3635 1035.3784 1049.0918
March 1049.7499 1017.1203 1033.5562
April 1075.6758 1034.6881 1052.9566
May 1067.4563 1035.6978 1050.0640
June 1070.7703 1035.6333 1055.1673
July 1097.3060 1057.2113 1077.7445
August 1076.9706 1054.6917 1064.4177
September 1053.5403 1028.0831 1041.5269
October 1061.6844 1023.2532 1043.8352
November 1097.7419 1057.9186 1078.8533
December 1093.3144 1061.5142 1077.7200