2023 DKK to WST Historical Review

YEARLY HIGH

0.4172 WST

YEARLY LOW

0.3816 WST

YEARLY AVERAGE

0.3966 WST

2023 DKK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.4172. Conversely, the yearly low was recorded on October 3, dropping to 0.3816.

This high-to-low spread represents a total annual volatility of 0.0356 WST. From a start-to-finish perspective, comparing the January average rate of 0.3911 to the December average rate of 0.4101, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4172 was up 3.46% compared to the 2022 peak of 0.4033, 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 2,086 WST

2022 Average 1,893 WST

Yearly Trough Low 1,908 WST

Transaction Impact: A difference of 178.15 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4123

0.3853

JanuMarcMayJulySeptNove

DKK to WST 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 0.3936, compared to 0.3995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.3936

H2 Avg (Jul–Dec) 0.3995

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0187 WST (High: 0.4003 / Low: 0.3816). On the other end, August was the most stable month, with a tight range of 0.0079 WST (High: 0.4017 / Low: 0.3937).

October Spread (Volatile) ±0.0187

August Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between September and December, 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 0.0087 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.4101) against the same month in 2022 (average: 0.3845), the exchange rate shifted by +0.0256 (+6.65%).

2023 Avg (December) 0.4101

2022 Avg (December) 0.3845

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3960	0.3816	0.3911
February	0.3993	0.3821	0.3876
March	0.3967	0.3823	0.3880
April	0.4043	0.3953	0.4009
May	0.4049	0.3914	0.3974
June	0.4022	0.3914	0.3967
July	0.4112	0.3972	0.4043
August	0.4017	0.3937	0.3979
September	0.3936	0.3830	0.3892
October	0.4003	0.3816	0.3894
November	0.4133	0.3971	0.4062
December	0.4172	0.4042	0.4101