YEARLY HIGH
0.0368 DKK
YEARLY LOW
0.0336 DKK
YEARLY AVERAGE
0.0353 DKK

2013 NGN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0368. Conversely, the yearly low was recorded on December 30, dropping to 0.0336.

This high-to-low spread represents a total annual volatility of 0.0032 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0358 to the December average rate of 0.0342, the exchange rate registered a net change of -4.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0368 was down 4.85% compared to the 2012 peak of 0.0386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,754 DKK
2012 Average 36,486 DKK
Yearly Trough Low 33,572 DKK
Transaction Impact: A difference of 3,181.96 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0366
0.0340
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 0.0359, compared to 0.0346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0359
H2 Avg (Jul–Dec) 0.0346

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0017 DKK (High: 0.0363 / Low: 0.0345). On the other end, October was the most stable month, with a tight range of 0.0004 DKK (High: 0.0345 / Low: 0.0340).

June Spread (Volatile) ±0.0017
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 0.0363) against the same month in 2012 (average: 0.0357), the exchange rate shifted by +0.0006 (+1.69%).

2013 Avg (March) 0.0363
2012 Avg (March) 0.0357

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0365 0.0350 0.0358
February 0.0361 0.0348 0.0355
March 0.0368 0.0360 0.0363
April 0.0367 0.0359 0.0362
May 0.0367 0.0358 0.0363
June 0.0363 0.0345 0.0353
July 0.0360 0.0349 0.0354
August 0.0352 0.0345 0.0348
September 0.0347 0.0342 0.0345
October 0.0345 0.0340 0.0342
November 0.0351 0.0346 0.0348
December 0.0347 0.0336 0.0342