YEARLY HIGH
0.4168 DKK
YEARLY LOW
0.3500 DKK
YEARLY AVERAGE
0.3737 DKK

2023 LSL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4168. Conversely, the yearly low was recorded on June 1, dropping to 0.3500.

This high-to-low spread represents a total annual volatility of 0.0668 DKK. From a start-to-finish perspective, comparing the January average rate of 0.4033 to the December average rate of 0.3658, the exchange rate registered a net change of -9.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4168 was down 11.53% compared to the 2022 peak of 0.4711, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,084 DKK
2022 Average 2,166 DKK
Yearly Trough Low 1,750 DKK
Transaction Impact: A difference of 333.93 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4076
0.3561
JanuMarcMayJulySeptNove

LSL 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 0.3792, compared to 0.3682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.3792
H2 Avg (Jul–Dec) 0.3682

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0280 DKK (High: 0.3861 / Low: 0.3581). On the other end, October was the most stable month, with a tight range of 0.0123 DKK (High: 0.3758 / Low: 0.3635).

July Spread (Volatile) ±0.0280
October Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0146 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4033) against the same month in 2022 (average: 0.4246), the exchange rate shifted by -0.0213 (-5.01%).

2023 Avg (January) 0.4033
2022 Avg (January) 0.4246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4168 0.3928 0.4033
February 0.4021 0.3811 0.3889
March 0.3857 0.3714 0.3808
April 0.3884 0.3672 0.3749
May 0.3698 0.3515 0.3604
June 0.3748 0.3500 0.3671
July 0.3861 0.3581 0.3700
August 0.3757 0.3507 0.3635
September 0.3757 0.3617 0.3684
October 0.3758 0.3635 0.3706
November 0.3826 0.3556 0.3707
December 0.3747 0.3553 0.3658