2023 KES to DKK Historical Review

YEARLY HIGH

0.0572 DKK

YEARLY LOW

0.0429 DKK

YEARLY AVERAGE

0.0495 DKK

2023 KES to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KES to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0572. Conversely, the yearly low was recorded on December 28, dropping to 0.0429.

This high-to-low spread represents a total annual volatility of 0.0143 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0442, the exchange rate registered a net change of -20.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0572 was down 10.91% compared to the 2022 peak of 0.0642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 286 DKK

2022 Average 300 DKK

Yearly Trough Low 214 DKK

Transaction Impact: A difference of 71.47 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0568

0.0431

JanuMarcMayJulySeptNove

KES 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 0.0524, compared to 0.0466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0524

H2 Avg (Jul–Dec) 0.0466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0032 DKK (High: 0.0550 / Low: 0.0519). On the other end, September was the most stable month, with a tight range of 0.0008 DKK (High: 0.0481 / Low: 0.0473).

March Spread (Volatile) ±0.0032

September Spread (Stable) ±0.0008

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 March and April, when the average rate fell by 0.0031 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0557) against the same month in 2022 (average: 0.0580), the exchange rate shifted by -0.0023 (-3.99%).

2023 Avg (January) 0.0557

2022 Avg (January) 0.0580

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0572	0.0548	0.0557
February	0.0558	0.0542	0.0554
March	0.0550	0.0519	0.0537
April	0.0520	0.0497	0.0506
May	0.0505	0.0495	0.0500
June	0.0506	0.0484	0.0492
July	0.0494	0.0468	0.0477
August	0.0483	0.0469	0.0475
September	0.0481	0.0473	0.0476
October	0.0480	0.0466	0.0473
November	0.0469	0.0444	0.0454
December	0.0452	0.0429	0.0442