2023 SRD to DKK Historical Review

YEARLY HIGH

0.2237 DKK

YEARLY LOW

0.1729 DKK

YEARLY AVERAGE

0.1891 DKK

2023 SRD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2237. Conversely, the yearly low was recorded on July 19, dropping to 0.1729.

This high-to-low spread represents a total annual volatility of 0.0508 DKK. From a start-to-finish perspective, comparing the January average rate of 0.2168 to the December average rate of 0.1828, the exchange rate registered a net change of -15.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2237 was down 34.75% compared to the 2022 peak of 0.3428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,118 DKK

2022 Average 1,489 DKK

Yearly Trough Low 864 DKK

Transaction Impact: A difference of 253.97 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2208

0.1735

JanuMarcMayJulySeptNove

SRD 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 0.1968, compared to 0.1813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.1968

H2 Avg (Jul–Dec) 0.1813

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0199 DKK (High: 0.2103 / Low: 0.1903). On the other end, October was the most stable month, with a tight range of 0.0029 DKK (High: 0.1866 / Low: 0.1836).

March Spread (Volatile) ±0.0199

October Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0163 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2168) against the same month in 2022 (average: 0.3107), the exchange rate shifted by -0.0939 (-30.21%).

2023 Avg (January) 0.2168

2022 Avg (January) 0.3107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2237	0.2110	0.2168
February	0.2158	0.2070	0.2122
March	0.2103	0.1903	0.2012
April	0.1910	0.1808	0.1849
May	0.1869	0.1790	0.1837
June	0.1866	0.1774	0.1823
July	0.1850	0.1729	0.1774
August	0.1808	0.1756	0.1785
September	0.1857	0.1789	0.1824
October	0.1866	0.1836	0.1851
November	0.1850	0.1787	0.1815
December	0.1848	0.1807	0.1828