2023 DKK to RON Historical Review

YEARLY HIGH

0.6686 RON

YEARLY LOW

0.6556 RON

YEARLY AVERAGE

0.6639 RON

2023 DKK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.6686. Conversely, the yearly low was recorded on January 26, dropping to 0.6556.

This high-to-low spread represents a total annual volatility of 0.0130 RON. From a start-to-finish perspective, comparing the January average rate of 0.6622 to the December average rate of 0.6666, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6686 was up 0.21% compared to the 2022 peak of 0.6672, 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 3,343 RON

2022 Average 3,313 RON

Yearly Trough Low 3,278 RON

Transaction Impact: A difference of 64.84 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6673

0.6583

JanuMarcMayJulySeptNove

DKK to RON 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 0.6626, compared to 0.6652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.6626

H2 Avg (Jul–Dec) 0.6652

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0115 RON (High: 0.6672 / Low: 0.6556). On the other end, November was the most stable month, with a tight range of 0.0022 RON (High: 0.6678 / Low: 0.6656).

January Spread (Volatile) ±0.0115

November Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0032 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.6643) against the same month in 2022 (average: 0.6647), the exchange rate shifted by -0.0005 (-0.07%).

2023 Avg (May) 0.6643

2022 Avg (May) 0.6647

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6672	0.6556	0.6622
February	0.6619	0.6571	0.6590
March	0.6652	0.6600	0.6616
April	0.6642	0.6611	0.6624
May	0.6686	0.6609	0.6643
June	0.6669	0.6641	0.6659
July	0.6660	0.6601	0.6631
August	0.6643	0.6619	0.6631
September	0.6672	0.6632	0.6659
October	0.6671	0.6642	0.6658
November	0.6678	0.6656	0.6665
December	0.6675	0.6644	0.6666