2023 JPY to DKK Historical Review

YEARLY HIGH

0.0537 DKK

YEARLY LOW

0.0454 DKK

YEARLY AVERAGE

0.0492 DKK

2023 JPY to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0537. Conversely, the yearly low was recorded on November 15, dropping to 0.0454.

This high-to-low spread represents a total annual volatility of 0.0083 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0530 to the December average rate of 0.0475, the exchange rate registered a net change of -10.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0537 was down 9.70% compared to the 2022 peak of 0.0595, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 26,871 DKK

2022 Average 26,996 DKK

Yearly Trough Low 22,724 DKK

Transaction Impact: A difference of 4,147.26 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0537

0.0453

JanuMarcMayJulySeptNove

JPY 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 0.0511, compared to 0.0472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0511

H2 Avg (Jul–Dec) 0.0472

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0027 DKK (High: 0.0499 / Low: 0.0472). On the other end, September was the most stable month, with a tight range of 0.0005 DKK (High: 0.0476 / Low: 0.0471).

June Spread (Volatile) ±0.0027

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0013 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0530) against the same month in 2022 (average: 0.0572), the exchange rate shifted by -0.0042 (-7.41%).

2023 Avg (January) 0.0530

2022 Avg (January) 0.0572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0537	0.0524	0.0530
February	0.0531	0.0515	0.0523
March	0.0530	0.0512	0.0521
April	0.0522	0.0496	0.0509
May	0.0507	0.0493	0.0500
June	0.0499	0.0472	0.0486
July	0.0489	0.0472	0.0477
August	0.0477	0.0467	0.0472
September	0.0476	0.0471	0.0473
October	0.0478	0.0466	0.0472
November	0.0468	0.0454	0.0460
December	0.0481	0.0467	0.0475