2023 XCD to DKK Historical Review

YEARLY HIGH

2.6361 DKK

YEARLY LOW

2.4527 DKK

YEARLY AVERAGE

2.5496 DKK

2023 XCD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.6361. Conversely, the yearly low was recorded on July 17, dropping to 2.4527.

This high-to-low spread represents a total annual volatility of 0.1834 DKK. From a start-to-finish perspective, comparing the January average rate of 2.5524 to the December average rate of 2.5266, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.6361 was down 8.08% compared to the 2022 peak of 2.8677, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,181 DKK

2022 Average 13,092 DKK

Yearly Trough Low 12,263 DKK

Transaction Impact: A difference of 917.13 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6249

2.4818

JanuMarcMayJulySeptNove

XCD 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 2.5496, compared to 2.5495 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) 2.5496

H2 Avg (Jul–Dec) 2.5495

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1125 DKK (High: 2.6120 / Low: 2.4995). On the other end, October was the most stable month, with a tight range of 0.0479 DKK (High: 2.6361 / Low: 2.5882).

February Spread (Volatile) ±0.1125

October Spread (Stable) ±0.0479

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 0.0621 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0621

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.6130) against the same month in 2022 (average: 2.7990), the exchange rate shifted by -0.1860 (-6.64%).

2023 Avg (October) 2.6130

2022 Avg (October) 2.7990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6156	2.5206	2.5524
February	2.6120	2.4995	2.5756
March	2.6109	2.5276	2.5736
April	2.5514	2.4943	2.5157
May	2.5768	2.4909	2.5378
June	2.5770	2.5074	2.5427
July	2.5389	2.4527	2.4937
August	2.5548	2.5043	2.5281
September	2.6261	2.5557	2.5847
October	2.6361	2.5882	2.6130
November	2.6090	2.5067	2.5509
December	2.5630	2.4833	2.5266