2023 MDL to DKK Historical Review

YEARLY HIGH

0.3942 DKK

YEARLY LOW

0.3580 DKK

YEARLY AVERAGE

0.3808 DKK

2023 MDL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.3942. Conversely, the yearly low was recorded on January 12, dropping to 0.3580.

This high-to-low spread represents a total annual volatility of 0.0362 DKK. From a start-to-finish perspective, comparing the January average rate of 0.3632 to the December average rate of 0.3879, the exchange rate registered a net change of 6.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3942 was down 0.81% compared to the 2022 peak of 0.3975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,971 DKK

2022 Average 1,874 DKK

Yearly Trough Low 1,790 DKK

Transaction Impact: A difference of 181.07 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3921

0.3606

JanuMarcMayJulySeptNove

MDL 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 0.3758, compared to 0.3859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.3758

H2 Avg (Jul–Dec) 0.3859

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0201 DKK (High: 0.3871 / Low: 0.3670). On the other end, September was the most stable month, with a tight range of 0.0061 DKK (High: 0.3918 / Low: 0.3856).

July Spread (Volatile) ±0.0201

September Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0073 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3895) against the same month in 2022 (average: 0.3907), the exchange rate shifted by -0.0012 (-0.30%).

2023 Avg (October) 0.3895

2022 Avg (October) 0.3907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3683	0.3580	0.3632
February	0.3753	0.3597	0.3708
March	0.3788	0.3693	0.3738
April	0.3814	0.3722	0.3769
May	0.3923	0.3759	0.3860
June	0.3919	0.3729	0.3840
July	0.3871	0.3670	0.3767
August	0.3905	0.3814	0.3865
September	0.3918	0.3856	0.3886
October	0.3942	0.3847	0.3895
November	0.3925	0.3813	0.3863
December	0.3929	0.3821	0.3879