YEARLY HIGH
16.0469 XPF
YEARLY LOW
15.7414 XPF
YEARLY AVERAGE
16.0054 XPF

2023 DKK to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 16.0469. Conversely, the yearly low was recorded on May 6, dropping to 15.7414.

This high-to-low spread represents a total annual volatility of 0.3055 XPF. From a start-to-finish perspective, comparing the January average rate of 16.0373 to the December average rate of 16.0002, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.0469 was down 0.07% compared to the 2022 peak of 16.0590, 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 80,235 XPF
2022 Average 80,190 XPF
Yearly Trough Low 78,707 XPF
Transaction Impact: A difference of 1,527.43 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.0437
15.9663
JanuMarcMayJulySeptNove

DKK to XPF 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 16.0086, compared to 16.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 16.0086
H2 Avg (Jul–Dec) 16.0021

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.2867 XPF (High: 16.0281 / Low: 15.7414). On the other end, November was the most stable month, with a tight range of 0.0244 XPF (High: 16.0087 / Low: 15.9843).

May Spread (Volatile) ±0.2867
November Spread (Stable) ±0.0244

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0407 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 16.0373) against the same month in 2022 (average: 16.0361), the exchange rate shifted by +0.0011 (+0.01%).

2023 Avg (January) 16.0373
2022 Avg (January) 16.0361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.0469 16.0078 16.0373
February 16.0411 15.9711 16.0199
March 16.0372 15.8652 16.0135
April 16.0205 15.8508 15.9727
May 16.0281 15.7414 15.9934
June 16.0247 15.9918 16.0149
July 16.0232 15.9929 16.0133
August 16.0168 15.9900 16.0094
September 16.0106 15.9820 15.9982
October 16.0060 15.9793 15.9936
November 16.0087 15.9843 15.9981
December 16.0096 15.9798 16.0002