YEARLY HIGH
0.8139 DKK
YEARLY LOW
0.7578 DKK
YEARLY AVERAGE
0.7878 DKK

2023 SVC to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.8139. Conversely, the yearly low was recorded on July 17, dropping to 0.7578.

This high-to-low spread represents a total annual volatility of 0.0561 DKK. From a start-to-finish perspective, comparing the January average rate of 0.7883 to the December average rate of 0.7796, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8139 was down 8.09% compared to the 2022 peak of 0.8855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,069 DKK
2022 Average 4,044 DKK
Yearly Trough Low 3,789 DKK
Transaction Impact: A difference of 280.46 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8113
0.7675
JanuMarcMayJulySeptNove

SVC 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 0.7879, compared to 0.7878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.7879
H2 Avg (Jul–Dec) 0.7878

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0351 DKK (High: 0.8072 / Low: 0.7721). On the other end, October was the most stable month, with a tight range of 0.0142 DKK (High: 0.8139 / Low: 0.7997).

February Spread (Volatile) ±0.0351
October Spread (Stable) ±0.0142

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 October and November, when the average rate fell by 0.0188 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8077) against the same month in 2022 (average: 0.8646), the exchange rate shifted by -0.0570 (-6.59%).

2023 Avg (October) 0.8077
2022 Avg (October) 0.8646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8074 0.7784 0.7883
February 0.8072 0.7721 0.7954
March 0.8091 0.7806 0.7961
April 0.7897 0.7705 0.7779
May 0.7962 0.7695 0.7842
June 0.7962 0.7745 0.7855
July 0.7852 0.7578 0.7711
August 0.7895 0.7733 0.7809
September 0.8102 0.7888 0.7985
October 0.8139 0.7997 0.8077
November 0.8062 0.7748 0.7889
December 0.7915 0.7658 0.7796