2023 TJS to DKK Historical Review

YEARLY HIGH

0.7049 DKK

YEARLY LOW

0.6061 DKK

YEARLY AVERAGE

0.6383 DKK

2023 TJS to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.7049. Conversely, the yearly low was recorded on July 17, dropping to 0.6061.

This high-to-low spread represents a total annual volatility of 0.0988 DKK. From a start-to-finish perspective, comparing the January average rate of 0.6742 to the December average rate of 0.6242, the exchange rate registered a net change of -7.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7049 was down 10.09% compared to the 2022 peak of 0.7840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,525 DKK

2022 Average 3,260 DKK

Yearly Trough Low 3,031 DKK

Transaction Impact: A difference of 494.16 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6799

0.6111

JanuMarcMayJulySeptNove

TJS 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 0.6475, compared to 0.6290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.6475

H2 Avg (Jul–Dec) 0.6290

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0792 DKK (High: 0.7047 / Low: 0.6255). On the other end, October was the most stable month, with a tight range of 0.0110 DKK (High: 0.6483 / Low: 0.6373).

March Spread (Volatile) ±0.0792

October Spread (Stable) ±0.0110

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 0.0368 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.6701) against the same month in 2022 (average: 0.5812), the exchange rate shifted by +0.0889 (+15.30%).

2023 Avg (February) 0.6701

2022 Avg (February) 0.5812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6923	0.6632	0.6742
February	0.7049	0.6488	0.6701
March	0.7047	0.6255	0.6601
April	0.6325	0.6171	0.6233
May	0.6381	0.6172	0.6282
June	0.6380	0.6206	0.6292
July	0.6286	0.6061	0.6168
August	0.6288	0.6171	0.6225
September	0.6454	0.6283	0.6361
October	0.6483	0.6373	0.6439
November	0.6440	0.6211	0.6306
December	0.6339	0.6141	0.6242