2023 DKK to XDR Historical Review

YEARLY HIGH

0.1122 XDR

YEARLY LOW

0.1061 XDR

YEARLY AVERAGE

0.1088 XDR

2023 DKK to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.1122. Conversely, the yearly low was recorded on January 5, dropping to 0.1061.

This high-to-low spread represents a total annual volatility of 0.0062 XDR. From a start-to-finish perspective, comparing the January average rate of 0.1079 to the December average rate of 0.1098, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1122 was up 2.21% compared to the 2022 peak of 0.1098, 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 561 XDR

2022 Average 516 XDR

Yearly Trough Low 530 XDR

Transaction Impact: A difference of 30.83 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1107

0.1070

JanuMarcMayJulySeptNove

DKK to XDR 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 0.1082, compared to 0.1093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1082

H2 Avg (Jul–Dec) 0.1093

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0034 XDR (High: 0.1098 / Low: 0.1064). On the other end, August was the most stable month, with a tight range of 0.0017 XDR (High: 0.1106 / Low: 0.1089).

February Spread (Volatile) ±0.0034

August Spread (Stable) ±0.0017

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 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1104) against the same month in 2022 (average: 0.1007), the exchange rate shifted by +0.0097 (+9.65%).

2023 Avg (July) 0.1104

2022 Avg (July) 0.1007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1088	0.1061	0.1079
February	0.1098	0.1064	0.1073
March	0.1094	0.1064	0.1078
April	0.1100	0.1079	0.1090
May	0.1104	0.1076	0.1084
June	0.1104	0.1076	0.1090
July	0.1122	0.1092	0.1104
August	0.1106	0.1089	0.1096
September	0.1090	0.1072	0.1083
October	0.1090	0.1068	0.1078
November	0.1108	0.1082	0.1097
December	0.1112	0.1086	0.1098