2023 DKK to YER Historical Review

YEARLY HIGH

37.7458 YER

YEARLY LOW

35.1477 YER

YEARLY AVERAGE

36.3372 YER

2023 DKK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DKK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 37.7458. Conversely, the yearly low was recorded on October 3, dropping to 35.1477.

This high-to-low spread represents a total annual volatility of 2.5981 YER. From a start-to-finish perspective, comparing the January average rate of 36.2928 to the December average rate of 36.6491, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.7458 was down 2.03% compared to the 2022 peak of 38.5262, 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 188,729 YER

2022 Average 177,220 YER

Yearly Trough Low 175,739 YER

Transaction Impact: A difference of 12,990.37 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.3167

35.2804

JanuMarcMayJulySeptNove

DKK to YER 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 36.3347, compared to 36.3398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 36.3347

H2 Avg (Jul–Dec) 36.3398

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.6034 YER (High: 37.0688 / Low: 35.4654). On the other end, October was the most stable month, with a tight range of 0.6401 YER (High: 35.7878 / Low: 35.1477).

February Spread (Volatile) ±1.6034

October Spread (Stable) ±0.6401

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 0.7979 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7979

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 37.1470) against the same month in 2022 (average: 34.2869), the exchange rate shifted by +2.8601 (+8.34%).

2023 Avg (July) 37.1470

2022 Avg (July) 34.2869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.7547	35.4096	36.2928
February	37.0688	35.4654	35.9682
March	36.6496	35.4795	35.9909
April	37.1302	36.3073	36.8210
May	37.1819	35.9492	36.5021
June	36.9372	35.9473	36.4332
July	37.7458	36.4857	37.1470
August	36.9902	36.2504	36.6373
September	36.2267	35.2751	35.8394
October	35.7878	35.1477	35.4501
November	36.9511	35.4985	36.3157
December	37.2961	36.1397	36.6491