2023 DKK to USD Historical Review

YEARLY HIGH

0.1509 USD

YEARLY LOW

0.1404 USD

YEARLY AVERAGE

0.1452 USD

2023 DKK to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.1509. Conversely, the yearly low was recorded on October 3, dropping to 0.1404.

This high-to-low spread represents a total annual volatility of 0.0105 USD. From a start-to-finish perspective, comparing the January average rate of 0.1450 to the December average rate of 0.1465, the exchange rate registered a net change of 1.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1509 was down 2.01% compared to the 2022 peak of 0.1540, 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 754 USD

2022 Average 708 USD

Yearly Trough Low 702 USD

Transaction Impact: A difference of 52.49 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1491

0.1409

JanuMarcMayJulySeptNove

DKK to USD 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 0.1451, compared to 0.1452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1451

H2 Avg (Jul–Dec) 0.1452

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0064 USD (High: 0.1480 / Low: 0.1417). On the other end, October was the most stable month, with a tight range of 0.0026 USD (High: 0.1430 / Low: 0.1404).

February Spread (Volatile) ±0.0064

October Spread (Stable) ±0.0026

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 August and September, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1484) against the same month in 2022 (average: 0.1370), the exchange rate shifted by +0.0114 (+8.31%).

2023 Avg (July) 0.1484

2022 Avg (July) 0.1370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1468	0.1415	0.1450
February	0.1480	0.1417	0.1437
March	0.1464	0.1417	0.1438
April	0.1483	0.1450	0.1471
May	0.1485	0.1436	0.1458
June	0.1476	0.1436	0.1455
July	0.1509	0.1457	0.1484
August	0.1478	0.1448	0.1464
September	0.1448	0.1409	0.1432
October	0.1430	0.1404	0.1416
November	0.1476	0.1418	0.1451
December	0.1490	0.1444	0.1465