YEARLY HIGH
1.0493 DKK
YEARLY LOW
0.9776 DKK
YEARLY AVERAGE
1.0155 DKK

2023 TTD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 1.0493. Conversely, the yearly low was recorded on July 17, dropping to 0.9776.

This high-to-low spread represents a total annual volatility of 0.0717 DKK. From a start-to-finish perspective, comparing the January average rate of 1.0159 to the December average rate of 1.0044, the exchange rate registered a net change of -1.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0493 was down 7.89% compared to the 2022 peak of 1.1392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,247 DKK
2022 Average 5,212 DKK
Yearly Trough Low 4,888 DKK
Transaction Impact: A difference of 358.37 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0458
0.9894
JanuMarcMayJulySeptNove

TTD 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 1.0156, compared to 1.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 1.0156
H2 Avg (Jul–Dec) 1.0155

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0451 DKK (High: 1.0406 / Low: 0.9954). On the other end, October was the most stable month, with a tight range of 0.0196 DKK (High: 1.0493 / Low: 1.0297).

February Spread (Volatile) ±0.0451
October Spread (Stable) ±0.0196

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 0.0245 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.0411) against the same month in 2022 (average: 1.1151), the exchange rate shifted by -0.0740 (-6.63%).

2023 Avg (October) 1.0411
2022 Avg (October) 1.1151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0418 1.0016 1.0159
February 1.0406 0.9954 1.0250
March 1.0431 1.0062 1.0260
April 1.0180 0.9929 1.0026
May 1.0261 0.9918 1.0109
June 1.0278 0.9987 1.0130
July 1.0131 0.9776 0.9941
August 1.0162 0.9963 1.0069
September 1.0445 1.0176 1.0300
October 1.0493 1.0297 1.0411
November 1.0400 0.9992 1.0166
December 1.0196 0.9866 1.0044