YEARLY HIGH
3124.5707 SLL
YEARLY LOW
2499.0469 SLL
YEARLY AVERAGE
2768.5690 SLL

2023 DKK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3124.5707. Conversely, the yearly low was recorded on January 5, dropping to 2499.0469.

This high-to-low spread represents a total annual volatility of 625.5238 SLL. From a start-to-finish perspective, comparing the January average rate of 2561.1005 to the December average rate of 3071.2665, the exchange rate registered a net change of 19.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3124.5707 was up 22.89% compared to the 2022 peak of 2542.6778, 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 15,622,853 SLL
2022 Average 9,679,086 SLL
Yearly Trough Low 12,495,234 SLL
Transaction Impact: A difference of 3,127,619.12 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3124.5860
2484.7528
JanuMarcMayJulySeptNove

DKK to SLL 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 2564.0415, compared to 2973.0964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 409.0548 points.

H1 Avg (Jan–Jun) 2564.0415
H2 Avg (Jul–Dec) 2973.0964

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 527.5629 SLL (High: 3102.0383 / Low: 2574.4754). On the other end, October was the most stable month, with a tight range of 54.5015 SLL (High: 2997.9127 / Low: 2943.4112).

July Spread (Volatile) ±527.5629
October Spread (Stable) ±54.5015

Growth Streaks & Declines

Trends

Between February and April, 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 67.2210 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -67.2210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3071.2665) against the same month in 2022 (average: 2515.1956), the exchange rate shifted by +556.0709 (+22.11%).

2023 Avg (December) 3071.2665
2022 Avg (December) 2515.1956

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2593.1950 2499.0469 2561.1005
February 2615.0941 2502.4791 2538.0723
March 2586.0428 2503.4757 2540.0330
April 2620.5206 2561.8837 2598.2807
May 2624.1249 2536.6169 2575.8706
June 2606.8568 2536.4821 2570.8922
July 3102.0383 2574.4754 2684.4381
August 3098.3304 3037.1213 3069.2706
September 3036.0510 2954.6679 3002.0496
October 2997.9127 2943.4112 2969.4764
November 3095.3576 2973.9741 3042.0770
December 3124.5707 3027.3872 3071.2665