2023 SEK to DKK Historical Review

YEARLY HIGH

0.6769 DKK

YEARLY LOW

0.6243 DKK

YEARLY AVERAGE

0.6496 DKK

2023 SEK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SEK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.6769. Conversely, the yearly low was recorded on September 13, dropping to 0.6243.

This high-to-low spread represents a total annual volatility of 0.0526 DKK. From a start-to-finish perspective, comparing the January average rate of 0.6639 to the December average rate of 0.6667, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6769 was down 6.93% compared to the 2022 peak of 0.7272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,384 DKK

2022 Average 3,500 DKK

Yearly Trough Low 3,121 DKK

Transaction Impact: A difference of 262.94 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6704

0.6261

JanuMarcMayJulySeptNove

SEK 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 0.6569, compared to 0.6423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.6569

H2 Avg (Jul–Dec) 0.6423

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0278 DKK (High: 0.6664 / Low: 0.6386). On the other end, April was the most stable month, with a tight range of 0.0099 DKK (High: 0.6621 / Low: 0.6522).

May Spread (Volatile) ±0.0278

April Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0160 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6667) against the same month in 2022 (average: 0.6758), the exchange rate shifted by -0.0091 (-1.34%).

2023 Avg (December) 0.6667

2022 Avg (December) 0.6758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6692	0.6561	0.6639
February	0.6754	0.6533	0.6657
March	0.6696	0.6499	0.6619
April	0.6621	0.6522	0.6571
May	0.6664	0.6386	0.6545
June	0.6462	0.6308	0.6385
July	0.6514	0.6256	0.6403
August	0.6404	0.6244	0.6307
September	0.6462	0.6243	0.6298
October	0.6479	0.6292	0.6406
November	0.6567	0.6318	0.6458
December	0.6769	0.6566	0.6667