YEARLY HIGH
0.0865 DKK
YEARLY LOW
0.0802 DKK
YEARLY AVERAGE
0.0835 DKK

2023 BTN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BTN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0865. Conversely, the yearly low was recorded on July 13, dropping to 0.0802.

This high-to-low spread represents a total annual volatility of 0.0063 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0843 to the December average rate of 0.0820, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0865 was down 8.91% compared to the 2022 peak of 0.0950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 433 DKK
2022 Average 450 DKK
Yearly Trough Low 401 DKK
Transaction Impact: A difference of 31.62 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0852
0.0817
JanuMarcMayJulySeptNove

BTN 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 0.0839, compared to 0.0831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0839
H2 Avg (Jul–Dec) 0.0831

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0036 DKK (High: 0.0865 / Low: 0.0829). On the other end, October was the most stable month, with a tight range of 0.0015 DKK (High: 0.0856 / Low: 0.0841).

March Spread (Volatile) ±0.0036
October Spread (Stable) ±0.0015

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 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0846) against the same month in 2022 (average: 0.0887), the exchange rate shifted by -0.0041 (-4.62%).

2023 Avg (March) 0.0846
2022 Avg (March) 0.0887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0854 0.0835 0.0843
February 0.0853 0.0824 0.0843
March 0.0865 0.0829 0.0846
April 0.0841 0.0824 0.0830
May 0.0842 0.0823 0.0833
June 0.0845 0.0827 0.0836
July 0.0838 0.0802 0.0821
August 0.0836 0.0817 0.0825
September 0.0852 0.0835 0.0842
October 0.0856 0.0841 0.0849
November 0.0847 0.0813 0.0829
December 0.0831 0.0805 0.0820