2023 DKK to SDG Historical Review

YEARLY HIGH

90.7445 SDG

YEARLY LOW

80.1491 SDG

YEARLY AVERAGE

86.5628 SDG

2023 DKK to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 90.7445. Conversely, the yearly low was recorded on November 20, dropping to 80.1491.

This high-to-low spread represents a total annual volatility of 10.5954 SDG. From a start-to-finish perspective, comparing the January average rate of 83.6360 to the December average rate of 88.0246, the exchange rate registered a net change of 5.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 90.7445 was up 10.22% compared to the 2022 peak of 82.3330, 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 453,723 SDG

2022 Average 351,951 SDG

Yearly Trough Low 400,746 SDG

Transaction Impact: A difference of 52,976.85 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

89.7529

83.0799

JanuMarcMayJulySeptNove

DKK to SDG 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 85.9172, compared to 87.2085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2912 points.

H1 Avg (Jan–Jun) 85.9172

H2 Avg (Jul–Dec) 87.2085

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 8.4921 SDG (High: 88.6412 / Low: 80.1491). On the other end, October was the most stable month, with a tight range of 1.6062 SDG (High: 85.9222 / Low: 84.3160).

November Spread (Volatile) ±8.4921

October Spread (Stable) ±1.6062

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 August and September, when the average rate fell by 1.9380 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.9380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 89.1968) against the same month in 2022 (average: 62.5194), the exchange rate shifted by +26.6775 (+42.67%).

2023 Avg (July) 89.1968

2022 Avg (July) 62.5194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	85.1421	81.1324	83.6360
February	86.3803	83.2979	84.1344
March	86.9578	82.1360	84.7901
April	89.0072	84.3233	87.9402
May	89.0554	86.3010	87.5038
June	88.7645	86.2964	87.4990
July	90.7445	87.5161	89.1968
August	88.8741	87.1184	88.0170
September	87.0877	84.6828	86.0790
October	85.9222	84.3160	85.0958
November	88.6412	80.1491	86.8376
December	89.5523	86.7670	88.0246