2023 HRK to DKK Historical Review

YEARLY HIGH

1.0003 DKK

YEARLY LOW

0.9854 DKK

YEARLY AVERAGE

0.9889 DKK

2023 HRK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HRK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.0003. Conversely, the yearly low was recorded on January 1, dropping to 0.9854.

This high-to-low spread represents a total annual volatility of 0.0149 DKK. From a start-to-finish perspective, comparing the January average rate of 0.9877 to the December average rate of 0.9895, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0003 was up 0.08% compared to the 2022 peak of 0.9995, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HRK based on timing:

Yearly Peak High 5,001 DKK

2022 Average 4,937 DKK

Yearly Trough Low 4,927 DKK

Transaction Impact: A difference of 74.57 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9904

0.9874

JanuMarcMayJulySeptNove

HRK to DKK 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 0.9884, compared to 0.9895 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) 0.9884

H2 Avg (Jul–Dec) 0.9895

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0149 DKK (High: 1.0003 / Low: 0.9854). On the other end, December was the most stable month, with a tight range of 0.0005 DKK (High: 0.9897 / Low: 0.9892).

January Spread (Volatile) ±0.0149

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9877) against the same month in 2022 (average: 0.9890), the exchange rate shifted by -0.0013 (-0.13%).

2023 Avg (January) 0.9877

2022 Avg (January) 0.9890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0003	0.9854	0.9877
February	0.9890	0.9871	0.9881
March	0.9890	0.9875	0.9882
April	0.9895	0.9883	0.9890
May	0.9892	0.9881	0.9886
June	0.9891	0.9883	0.9887
July	0.9892	0.9883	0.9888
August	0.9903	0.9879	0.9891
September	0.9902	0.9889	0.9896
October	0.9908	0.9896	0.9902
November	0.9907	0.9893	0.9898
December	0.9897	0.9892	0.9895