2019 DKK to NGN Historical Review

YEARLY HIGH

56.5414 NGN

YEARLY LOW

45.6078 NGN

YEARLY AVERAGE

53.9917 NGN

2019 DKK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DKK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 56.5414. Conversely, the yearly low was recorded on August 27, dropping to 45.6078.

This high-to-low spread represents a total annual volatility of 10.9336 NGN. From a start-to-finish perspective, comparing the January average rate of 55.5820 to the December average rate of 53.9273, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 56.5414 was down 6.55% compared to the 2018 peak of 60.5067, 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 282,707 NGN

2018 Average 286,206 NGN

Yearly Trough Low 228,039 NGN

Transaction Impact: A difference of 54,667.84 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

55.8805

52.2988

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 54.3053, compared to 53.6781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6272 points.

H1 Avg (Jan–Jun) 54.3053

H2 Avg (Jul–Dec) 53.6781

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 9.0691 NGN (High: 54.6769 / Low: 45.6078). On the other end, May was the most stable month, with a tight range of 0.5759 NGN (High: 54.2284 / Low: 53.6525).

August Spread (Volatile) ±9.0691

May Spread (Stable) ±0.5759

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 1.3769 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3769

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 55.5820) against the same month in 2018 (average: 59.0150), the exchange rate shifted by -3.4329 (-5.82%).

2019 Avg (January) 55.5820

2018 Avg (January) 59.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.5414	54.8498	55.5820
February	55.3972	54.5773	54.9787
March	55.1647	54.0541	54.5231
April	54.7105	53.5498	54.1766
May	54.2284	53.6525	53.9742
June	54.9933	46.0780	52.5973
July	54.7801	53.5431	54.1357
August	54.6769	45.6078	53.5364
September	53.7006	52.8773	53.3256
October	54.1351	52.9884	53.5701
November	54.1006	53.3418	53.5737
December	54.5281	53.4129	53.9273