2023 RSD to DKK Historical Review

YEARLY HIGH

0.0641 DKK

YEARLY LOW

0.0628 DKK

YEARLY AVERAGE

0.0636 DKK

2023 RSD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0641. Conversely, the yearly low was recorded on November 14, dropping to 0.0628.

This high-to-low spread represents a total annual volatility of 0.0014 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0634 to the December average rate of 0.0636, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0641 was up 0.42% compared to the 2022 peak of 0.0639, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 321 DKK

2022 Average 317 DKK

Yearly Trough Low 314 DKK

Transaction Impact: A difference of 6.96 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0637

0.0634

JanuMarcMayJulySeptNove

RSD 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 0.0635, compared to 0.0636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0635

H2 Avg (Jul–Dec) 0.0636

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0011 DKK (High: 0.0638 / Low: 0.0628). On the other end, July was the most stable month, with a tight range of 0.0001 DKK (High: 0.0636 / Low: 0.0635).

November Spread (Volatile) ±0.0011

July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0635) against the same month in 2022 (average: 0.0632), the exchange rate shifted by +0.0003 (+0.46%).

2023 Avg (March) 0.0635

2022 Avg (March) 0.0632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0635	0.0633	0.0634
February	0.0636	0.0634	0.0635
March	0.0641	0.0633	0.0635
April	0.0641	0.0635	0.0636
May	0.0639	0.0635	0.0635
June	0.0637	0.0635	0.0636
July	0.0636	0.0635	0.0636
August	0.0636	0.0635	0.0636
September	0.0637	0.0635	0.0636
October	0.0638	0.0632	0.0636
November	0.0638	0.0628	0.0636
December	0.0637	0.0634	0.0636