2023 HTG to DKK Historical Review

YEARLY HIGH

0.0532 DKK

YEARLY LOW

0.0434 DKK

YEARLY AVERAGE

0.0488 DKK

2023 HTG to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.0532. Conversely, the yearly low was recorded on April 13, dropping to 0.0434.

This high-to-low spread represents a total annual volatility of 0.0098 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0465 to the December average rate of 0.0516, the exchange rate registered a net change of 11.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0532 was down 20.37% compared to the 2022 peak of 0.0668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 266 DKK

2022 Average 304 DKK

Yearly Trough Low 217 DKK

Transaction Impact: A difference of 49.00 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0536

0.0430

JanuMarcMayJulySeptNove

HTG 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 0.0464, compared to 0.0512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0464

H2 Avg (Jul–Dec) 0.0512

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0060 DKK (High: 0.0498 / Low: 0.0437). On the other end, April was the most stable month, with a tight range of 0.0012 DKK (High: 0.0446 / Low: 0.0434).

May Spread (Volatile) ±0.0060

April Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0520) against the same month in 2022 (average: 0.0539), the exchange rate shifted by -0.0019 (-3.50%).

2023 Avg (November) 0.0520

2022 Avg (November) 0.0539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0479	0.0458	0.0465
February	0.0473	0.0453	0.0463
March	0.0465	0.0441	0.0453
April	0.0446	0.0434	0.0439
May	0.0498	0.0437	0.0472
June	0.0501	0.0488	0.0493
July	0.0496	0.0477	0.0489
August	0.0510	0.0496	0.0502
September	0.0525	0.0510	0.0516
October	0.0531	0.0518	0.0527
November	0.0532	0.0512	0.0520
December	0.0524	0.0508	0.0516