YEARLY HIGH
17.9496 VUV
YEARLY LOW
16.6646 VUV
YEARLY AVERAGE
17.2222 VUV

2023 DKK to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 17.9496. Conversely, the yearly low was recorded on October 3, dropping to 16.6646.

This high-to-low spread represents a total annual volatility of 1.2850 VUV. From a start-to-finish perspective, comparing the January average rate of 17.1142 to the December average rate of 17.3884, the exchange rate registered a net change of 1.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 17.9496 was up 2.34% compared to the 2022 peak of 17.5400, 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 89,748 VUV
2022 Average 82,678 VUV
Yearly Trough Low 83,323 VUV
Transaction Impact: A difference of 6,425.22 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

17.7350
16.7282
JanuMarcMayJulySeptNove

DKK to VUV 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 17.2029, compared to 17.2414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0385 points.

H1 Avg (Jan–Jun) 17.2029
H2 Avg (Jul–Dec) 17.2414

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.7525 VUV (High: 17.4750 / Low: 16.7225). On the other end, October was the most stable month, with a tight range of 0.3086 VUV (High: 16.9731 / Low: 16.6646).

February Spread (Volatile) ±0.7525
October Spread (Stable) ±0.3086

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 0.3806 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 17.6511) against the same month in 2022 (average: 16.2051), the exchange rate shifted by +1.4461 (+8.92%).

2023 Avg (July) 17.6511
2022 Avg (July) 16.2051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.3287 16.6995 17.1142
February 17.4750 16.7225 16.9603
March 17.3159 16.7291 16.9778
April 17.6500 17.2550 17.5002
May 17.6743 17.0849 17.3493
June 17.5580 17.0840 17.3157
July 17.9496 17.3399 17.6511
August 17.5417 17.1951 17.3771
September 17.1891 16.7283 16.9966
October 16.9731 16.6646 16.8121
November 17.5248 16.8376 17.2232
December 17.6902 17.1400 17.3884