YEARLY HIGH
0.0363 DKK
YEARLY LOW
0.0326 DKK
YEARLY AVERAGE
0.0340 DKK

2014 NGN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0363. Conversely, the yearly low was recorded on March 15, dropping to 0.0326.

This high-to-low spread represents a total annual volatility of 0.0037 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0342 to the December average rate of 0.0332, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0363 was down 1.32% compared to the 2013 peak of 0.0368, 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 36,268 DKK
2013 Average 35,273 DKK
Yearly Trough Low 32,570 DKK
Transaction Impact: A difference of 3,697.84 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0360
0.0325
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 0.0335, compared to 0.0346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0335
H2 Avg (Jul–Dec) 0.0346

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0025 DKK (High: 0.0360 / Low: 0.0335). On the other end, June was the most stable month, with a tight range of 0.0004 DKK (High: 0.0338 / Low: 0.0334).

November Spread (Volatile) ±0.0025
June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0016 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.0357) against the same month in 2013 (average: 0.0342), the exchange rate shifted by +0.0015 (+4.33%).

2014 Avg (October) 0.0357
2013 Avg (October) 0.0342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0346 0.0336 0.0342
February 0.0340 0.0327 0.0333
March 0.0331 0.0326 0.0328
April 0.0336 0.0328 0.0333
May 0.0339 0.0333 0.0336
June 0.0338 0.0334 0.0336
July 0.0344 0.0335 0.0339
August 0.0349 0.0342 0.0345
September 0.0360 0.0349 0.0354
October 0.0363 0.0352 0.0357
November 0.0360 0.0335 0.0348
December 0.0336 0.0327 0.0332