YEARLY HIGH
0.0412 DKK
YEARLY LOW
0.0339 DKK
YEARLY AVERAGE
0.0372 DKK

2010 NGN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 0.0412. Conversely, the yearly low was recorded on January 13, dropping to 0.0339.

This high-to-low spread represents a total annual volatility of 0.0073 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0347 to the December average rate of 0.0369, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 41,155 DKK
Yearly Average 37,213 DKK
Yearly Trough Low 33,887 DKK
Transaction Impact: A difference of 7,268.21 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0409
0.0341
JanuMarcMayJulySeptNove

NGN 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 0.0372, compared to 0.0372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0372
H2 Avg (Jul–Dec) 0.0372

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.0034 DKK (High: 0.0387 / Low: 0.0353). On the other end, April was the most stable month, with a tight range of 0.0009 DKK (High: 0.0372 / Low: 0.0363).

September Spread (Volatile) ±0.0034
April Spread (Stable) ±0.0009

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 September and October, when the average rate fell by 0.0022 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0403.

2010 Avg (June) 0.0403
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0354 0.0339 0.0347
February 0.0365 0.0353 0.0360
March 0.0373 0.0360 0.0365
April 0.0372 0.0363 0.0368
May 0.0401 0.0370 0.0390
June 0.0412 0.0397 0.0403
July 0.0400 0.0380 0.0388
August 0.0390 0.0374 0.0384
September 0.0387 0.0353 0.0374
October 0.0358 0.0348 0.0353
November 0.0380 0.0348 0.0363
December 0.0376 0.0364 0.0369