2023 SCR to DKK Historical Review

YEARLY HIGH

0.5544 DKK

YEARLY LOW

0.4726 DKK

YEARLY AVERAGE

0.5130 DKK

2023 SCR to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.5544. Conversely, the yearly low was recorded on July 21, dropping to 0.4726.

This high-to-low spread represents a total annual volatility of 0.0818 DKK. From a start-to-finish perspective, comparing the January average rate of 0.5097 to the December average rate of 0.5085, the exchange rate registered a net change of -0.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5544 was down 7.05% compared to the 2022 peak of 0.5965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,772 DKK

2022 Average 2,615 DKK

Yearly Trough Low 2,363 DKK

Transaction Impact: A difference of 409.06 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5347

0.4986

JanuMarcMayJulySeptNove

SCR 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 0.5090, compared to 0.5170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.5090

H2 Avg (Jul–Dec) 0.5170

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0622 DKK (High: 0.5418 / Low: 0.4796). On the other end, August was the most stable month, with a tight range of 0.0198 DKK (High: 0.5199 / Low: 0.5002).

February Spread (Volatile) ±0.0622

August Spread (Stable) ±0.0198

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0139 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5301) against the same month in 2022 (average: 0.5666), the exchange rate shifted by -0.0365 (-6.45%).

2023 Avg (October) 0.5301

2022 Avg (October) 0.5666

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5399	0.4826	0.5097
February	0.5418	0.4796	0.5140
March	0.5366	0.4933	0.5170
April	0.5257	0.4827	0.5034
May	0.5286	0.4854	0.5083
June	0.5280	0.4799	0.5017
July	0.5241	0.4726	0.5045
August	0.5199	0.5002	0.5109
September	0.5498	0.5119	0.5317
October	0.5544	0.5108	0.5301
November	0.5348	0.4936	0.5162
December	0.5363	0.4830	0.5085