YEARLY HIGH
14.6911 RUB
YEARLY LOW
9.6020 RUB
YEARLY AVERAGE
12.4016 RUB

2023 DKK to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 14.6911. Conversely, the yearly low was recorded on January 15, dropping to 9.6020.

This high-to-low spread represents a total annual volatility of 5.0891 RUB. From a start-to-finish perspective, comparing the January average rate of 10.1423 to the December average rate of 13.3364, the exchange rate registered a net change of 31.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.6911 was down 29.47% compared to the 2022 peak of 20.8294, 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 73,456 RUB
2022 Average 49,795 RUB
Yearly Trough Low 48,010 RUB
Transaction Impact: A difference of 25,445.49 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.4160
9.7538
JanuMarcMayJulySeptNove

DKK to RUB 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 11.2131, compared to 13.5901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3770 points.

H1 Avg (Jan–Jun) 11.2131
H2 Avg (Jul–Dec) 13.5901

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.4139 RUB (High: 13.0158 / Low: 11.6019). On the other end, November was the most stable month, with a tight range of 0.4431 RUB (High: 13.3540 / Low: 12.9109).

June Spread (Volatile) ±1.4139
November Spread (Stable) ±0.4431

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 October and November, when the average rate fell by 0.6054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 14.0274) against the same month in 2022 (average: 8.2702), the exchange rate shifted by +5.7573 (+69.62%).

2023 Avg (August) 14.0274
2022 Avg (August) 8.2702

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6088 9.6020 10.1423
February 10.7760 10.2412 10.5616
March 11.3133 10.7120 10.9786
April 12.1202 11.2829 11.9142
May 11.8720 11.2248 11.5416
June 13.0158 11.6019 12.1401
July 13.7716 12.8830 13.4462
August 14.6911 13.6507 14.0274
September 14.1291 13.6143 13.8483
October 14.3386 13.2166 13.7439
November 13.3540 12.9109 13.1384
December 13.7127 13.0598 13.3364