2023 YER to DKK Historical Review

YEARLY HIGH

0.0285 DKK

YEARLY LOW

0.0265 DKK

YEARLY AVERAGE

0.0275 DKK

2023 YER to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0285. Conversely, the yearly low was recorded on July 17, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0020 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0276 to the December average rate of 0.0273, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0285 was down 8.10% compared to the 2022 peak of 0.0310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 DKK

2022 Average 141 DKK

Yearly Trough Low 132 DKK

Transaction Impact: A difference of 9.79 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0283

0.0268

JanuMarcMayJulySeptNove

YER 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 0.0275, compared to 0.0275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0275

H2 Avg (Jul–Dec) 0.0275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0012 DKK (High: 0.0282 / Low: 0.0270). On the other end, October was the most stable month, with a tight range of 0.0005 DKK (High: 0.0285 / Low: 0.0279).

February Spread (Volatile) ±0.0012

October Spread (Stable) ±0.0005

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0282) against the same month in 2022 (average: 0.0302), the exchange rate shifted by -0.0020 (-6.67%).

2023 Avg (October) 0.0282

2022 Avg (October) 0.0302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0282	0.0272	0.0276
February	0.0282	0.0270	0.0278
March	0.0282	0.0273	0.0278
April	0.0275	0.0269	0.0272
May	0.0278	0.0269	0.0274
June	0.0278	0.0271	0.0274
July	0.0274	0.0265	0.0269
August	0.0276	0.0270	0.0273
September	0.0283	0.0276	0.0279
October	0.0285	0.0279	0.0282
November	0.0282	0.0271	0.0275
December	0.0277	0.0268	0.0273