2023 DKK to SVC Historical Review

YEARLY HIGH

1.3196 SVC

YEARLY LOW

1.2287 SVC

YEARLY AVERAGE

1.2696 SVC

2023 DKK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1.3196. Conversely, the yearly low was recorded on October 3, dropping to 1.2287.

This high-to-low spread represents a total annual volatility of 0.0910 SVC. From a start-to-finish perspective, comparing the January average rate of 1.2686 to the December average rate of 1.2829, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3196 was down 2.08% compared to the 2022 peak of 1.3476, 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 6,598 SVC

2022 Average 6,197 SVC

Yearly Trough Low 6,143 SVC

Transaction Impact: A difference of 454.75 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3028

1.2323

JanuMarcMayJulySeptNove

DKK to SVC 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 1.2694, compared to 1.2698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.2694

H2 Avg (Jul–Dec) 1.2698

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0564 SVC (High: 1.2952 / Low: 1.2389). On the other end, October was the most stable month, with a tight range of 0.0218 SVC (High: 1.2505 / Low: 1.2287).

February Spread (Volatile) ±0.0564

October Spread (Stable) ±0.0218

Growth Streaks & Declines

Trends

Between October and December, 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 0.0283 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.2969) against the same month in 2022 (average: 1.1985), the exchange rate shifted by +0.0985 (+8.21%).

2023 Avg (July) 1.2969

2022 Avg (July) 1.1985

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2846	1.2386	1.2686
February	1.2952	1.2389	1.2573
March	1.2811	1.2360	1.2563
April	1.2978	1.2663	1.2856
May	1.2995	1.2560	1.2753
June	1.2912	1.2559	1.2732
July	1.3196	1.2735	1.2969
August	1.2932	1.2666	1.2807
September	1.2677	1.2342	1.2524
October	1.2505	1.2287	1.2382
November	1.2907	1.2403	1.2678
December	1.3059	1.2634	1.2829