YEARLY HIGH
30.7028 NGN
YEARLY LOW
27.5724 NGN
YEARLY AVERAGE
29.4030 NGN

2014 DKK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DKK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 30.7028. Conversely, the yearly low was recorded on October 4, dropping to 27.5724.

This high-to-low spread represents a total annual volatility of 3.1304 NGN. From a start-to-finish perspective, comparing the January average rate of 29.2328 to the December average rate of 30.1158, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 30.7028 was up 3.07% compared to the 2013 peak of 29.7870, 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 153,514 NGN
2013 Average 141,826 NGN
Yearly Trough Low 137,862 NGN
Transaction Impact: A difference of 15,652.03 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

30.7659
27.7860
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 29.8724, compared to 28.9337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9387 points.

H1 Avg (Jan–Jun) 29.8724
H2 Avg (Jul–Dec) 28.9337

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 2.0909 NGN (High: 29.8852 / Low: 27.7944). On the other end, June was the most stable month, with a tight range of 0.3364 NGN (High: 29.9322 / Low: 29.5958).

November Spread (Volatile) ±2.0909
June Spread (Stable) ±0.3364

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6980 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 30.5176) against the same month in 2013 (average: 27.5375), the exchange rate shifted by +2.9801 (+10.82%).

2014 Avg (March) 30.5176
2013 Avg (March) 27.5375

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.7920 28.9422 29.2328
February 30.5474 29.4394 29.9908
March 30.7028 30.2008 30.5176
April 30.4455 29.7817 30.0001
May 30.0656 29.5409 29.7563
June 29.9322 29.5958 29.7368
July 29.8638 29.0756 29.4738
August 29.2613 28.6321 28.9476
September 28.6629 27.8079 28.2496
October 28.3909 27.5724 28.0343
November 29.8852 27.7944 28.7811
December 30.6260 29.7315 30.1158