YEARLY HIGH
29.7870 NGN
YEARLY LOW
27.2082 NGN
YEARLY AVERAGE
28.3644 NGN

2013 DKK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the DKK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29.7870. Conversely, the yearly low was recorded on March 28, dropping to 27.2082.

This high-to-low spread represents a total annual volatility of 2.5788 NGN. From a start-to-finish perspective, comparing the January average rate of 27.9387 to the December average rate of 29.2287, the exchange rate registered a net change of 4.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 29.7870 was up 4.30% compared to the 2012 peak of 28.5583, 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 148,935 NGN
2012 Average 137,102 NGN
Yearly Trough Low 136,041 NGN
Transaction Impact: A difference of 12,894.09 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

29.4208
27.3459
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 27.8582, compared to 28.8705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0123 points.

H1 Avg (Jan–Jun) 27.8582
H2 Avg (Jul–Dec) 28.8705

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 1.3768 NGN (High: 28.9586 / Low: 27.5818). On the other end, October was the most stable month, with a tight range of 0.3690 NGN (High: 29.3934 / Low: 29.0245).

June Spread (Volatile) ±1.3768
October Spread (Stable) ±0.3690

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 February and March, when the average rate fell by 0.6572 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 29.2287) against the same month in 2012 (average: 27.6332), the exchange rate shifted by +1.5956 (+5.77%).

2013 Avg (December) 29.2287
2012 Avg (December) 27.6332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.5682 27.4002 27.9387
February 28.7465 27.6834 28.1947
March 27.7892 27.2082 27.5375
April 27.8849 27.2473 27.6470
May 27.9186 27.2371 27.5188
June 28.9586 27.5818 28.3128
July 28.6189 27.7510 28.2691
August 28.9973 28.4143 28.7424
September 29.2380 28.7894 29.0038
October 29.3934 29.0245 29.2479
November 28.9284 28.4556 28.7313
December 29.7870 28.7988 29.2287