2023 DKK to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |