YEARLY HIGH
30.8717 NGN
YEARLY LOW
26.4475 NGN
YEARLY AVERAGE
29.1203 NGN

2011 DKK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DKK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 30.8717. Conversely, the yearly low was recorded on January 9, dropping to 26.4475.

This high-to-low spread represents a total annual volatility of 4.4242 NGN. From a start-to-finish perspective, comparing the January average rate of 27.3786 to the December average rate of 28.7786, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 30.8717 was up 4.62% compared to the 2010 peak of 29.5097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 154,359 NGN
2010 Average 134,622 NGN
Yearly Trough Low 132,238 NGN
Transaction Impact: A difference of 22,121.03 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

30.3210
27.1111
JanuMarcMayJulySeptNove

DKK to NGN 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 29.0945, compared to 29.1461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0516 points.

H1 Avg (Jan–Jun) 29.0945
H2 Avg (Jul–Dec) 29.1461

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 2.2281 NGN (High: 30.4559 / Low: 28.2278). On the other end, February was the most stable month, with a tight range of 0.8617 NGN (High: 28.4139 / Low: 27.5521).

October Spread (Volatile) ±2.2281
February Spread (Stable) ±0.8617

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8670 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8670

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 30.0187) against the same month in 2010 (average: 25.6463), the exchange rate shifted by +4.3724 (+17.05%).

2011 Avg (May) 30.0187
2010 Avg (May) 25.6463

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.9778 26.4475 27.3786
February 28.4139 27.5521 27.9947
March 29.5966 28.4291 29.1407
April 30.7688 29.3040 29.9809
May 30.8717 29.4482 30.0187
June 30.5579 29.5628 30.0535
July 29.6258 28.4811 29.1865
August 30.2334 28.7056 29.5658
September 29.6647 28.4270 28.9126
October 30.4559 28.2278 29.4924
November 29.4788 28.3711 28.9407
December 29.2367 28.2358 28.7786