YEARLY HIGH
1.0229 TTD
YEARLY LOW
0.9530 TTD
YEARLY AVERAGE
0.9849 TTD

2023 DKK to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 1.0229. Conversely, the yearly low was recorded on October 3, dropping to 0.9530.

This high-to-low spread represents a total annual volatility of 0.0699 TTD. From a start-to-finish perspective, comparing the January average rate of 0.9844 to the December average rate of 0.9957, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0229 was down 2.41% compared to the 2022 peak of 1.0482, 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 5,114 TTD
2022 Average 4,807 TTD
Yearly Trough Low 4,765 TTD
Transaction Impact: A difference of 349.35 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0106
0.9560
JanuMarcMayJulySeptNove

DKK to TTD 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 0.9848, compared to 0.9850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.9848
H2 Avg (Jul–Dec) 0.9850

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0436 TTD (High: 1.0046 / Low: 0.9610). On the other end, October was the most stable month, with a tight range of 0.0181 TTD (High: 0.9711 / Low: 0.9530).

February Spread (Volatile) ±0.0436
October Spread (Stable) ±0.0181

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 0.0223 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0061) against the same month in 2022 (average: 0.9301), the exchange rate shifted by +0.0760 (+8.17%).

2023 Avg (July) 1.0061
2022 Avg (July) 0.9301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9984 0.9599 0.9844
February 1.0046 0.9610 0.9757
March 0.9938 0.9587 0.9748
April 1.0072 0.9823 0.9974
May 1.0083 0.9746 0.9894
June 1.0013 0.9730 0.9872
July 1.0229 0.9871 1.0061
August 1.0037 0.9840 0.9932
September 0.9827 0.9574 0.9709
October 0.9711 0.9530 0.9605
November 1.0008 0.9616 0.9838
December 1.0135 0.9808 0.9957