2023 DKK to TZS Historical Review

YEARLY HIGH

374.5045 TZS

YEARLY LOW

329.9053 TZS

YEARLY AVERAGE

351.4813 TZS

2023 DKK to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 374.5045. Conversely, the yearly low was recorded on January 5, dropping to 329.9053.

This high-to-low spread represents a total annual volatility of 44.5992 TZS. From a start-to-finish perspective, comparing the January average rate of 338.3960 to the December average rate of 367.9637, the exchange rate registered a net change of 8.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 374.5045 was up 5.24% compared to the 2022 peak of 355.8718, 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 1,872,523 TZS

2022 Average 1,646,823 TZS

Yearly Trough Low 1,649,527 TZS

Transaction Impact: A difference of 222,996.07 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

371.1995

332.3689

JanuMarcMayJulySeptNove

DKK to TZS 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 340.9973, compared to 361.9652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.9679 points.

H1 Avg (Jan–Jun) 340.9973

H2 Avg (Jul–Dec) 361.9652

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 17.4368 TZS (High: 368.6222 / Low: 351.1854). On the other end, October was the most stable month, with a tight range of 5.2370 TZS (High: 357.5564 / Low: 352.3194).

July Spread (Volatile) ±17.4368

October Spread (Stable) ±5.2370

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 6.4434 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.4434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 367.9637) against the same month in 2022 (average: 332.2281), the exchange rate shifted by +35.7355 (+10.76%).

2023 Avg (December) 367.9637

2022 Avg (December) 332.2281

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	342.3340	329.9053	338.3960
February	345.2250	331.1634	335.6048
March	341.3899	330.5465	335.6441
April	348.7536	338.2005	344.8762
May	349.8338	339.6037	344.0169
June	353.9239	340.0164	347.4459
July	368.6222	351.1854	362.1465
August	368.6466	360.5363	365.1229
September	362.9218	353.6668	358.6795
October	357.5564	352.3194	354.7710
November	369.6437	354.2758	363.1078
December	374.5045	361.8832	367.9637