2023 KRW to DKK Historical Review

YEARLY HIGH

0.0056 DKK

YEARLY LOW

0.0050 DKK

YEARLY AVERAGE

0.0053 DKK

2023 KRW to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0056. Conversely, the yearly low was recorded on May 3, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0005 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0052, the exchange rate registered a net change of -5.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0056 was down 1.63% compared to the 2022 peak of 0.0057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,949 DKK

2022 Average 27,409 DKK

Yearly Trough Low 25,203 DKK

Transaction Impact: A difference of 2,746.14 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0056

0.0051

JanuMarcMayJulySeptNove

KRW 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 0.0053, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0053

H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0003 DKK (High: 0.0054 / Low: 0.0052). On the other end, October was the most stable month, with a tight range of 0.0001 DKK (High: 0.0053 / Low: 0.0052).

June Spread (Volatile) ±0.0003

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0056) against the same month in 2022 (average: 0.0055), the exchange rate shifted by +0.0001 (+1.01%).

2023 Avg (January) 0.0056

2022 Avg (January) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0056	0.0055	0.0056
February	0.0056	0.0053	0.0054
March	0.0054	0.0053	0.0053
April	0.0053	0.0050	0.0051
May	0.0053	0.0050	0.0052
June	0.0054	0.0052	0.0053
July	0.0053	0.0052	0.0052
August	0.0053	0.0051	0.0052
September	0.0053	0.0052	0.0052
October	0.0053	0.0052	0.0052
November	0.0054	0.0052	0.0053
December	0.0053	0.0052	0.0052