2023 DKK to STD Historical Review

YEARLY HIGH

3443.3115 STD

YEARLY LOW

3127.6139 STD

YEARLY AVERAGE

3279.6931 STD

2023 DKK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 3443.3115. Conversely, the yearly low was recorded on October 3, dropping to 3127.6139.

This high-to-low spread represents a total annual volatility of 315.6977 STD. From a start-to-finish perspective, comparing the January average rate of 3309.0594 to the December average rate of 3263.4706, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3443.3115 was up 3.20% compared to the 2022 peak of 3336.3839, 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 17,216,558 STD

2022 Average 15,683,466 STD

Yearly Trough Low 15,638,069 STD

Transaction Impact: A difference of 1,578,488.25 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3398.7886

3133.1759

JanuMarcMayJulySeptNove

DKK to STD 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 3312.8593, compared to 3246.5269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 66.3325 points.

H1 Avg (Jan–Jun) 3312.8593

H2 Avg (Jul–Dec) 3246.5269

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 155.1809 STD (High: 3443.3115 / Low: 3288.1306). On the other end, October was the most stable month, with a tight range of 57.9123 STD (High: 3185.5262 / Low: 3127.6139).

July Spread (Volatile) ±155.1809

October Spread (Stable) ±57.9123

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 July and August, when the average rate fell by 115.3044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -115.3044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 3376.6542) against the same month in 2022 (average: 3052.3624), the exchange rate shifted by +324.2918 (+10.62%).

2023 Avg (July) 3376.6542

2022 Avg (July) 3052.3624

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3350.5269	3228.8832	3309.0594
February	3378.8216	3233.3178	3279.3058
March	3341.2860	3234.6054	3281.8392
April	3385.8328	3310.0712	3357.0978
May	3390.4898	3277.4254	3328.1430
June	3368.1786	3277.2513	3321.7107
July	3443.3115	3288.1306	3376.6542
August	3292.2281	3227.1885	3261.3498
September	3226.0512	3139.5751	3189.9220
October	3185.5262	3127.6139	3155.3103
November	3289.0693	3160.0894	3232.4544
December	3320.1106	3216.8452	3263.4706