YEARLY HIGH
0.0356 DKK
YEARLY LOW
0.0320 DKK
YEARLY AVERAGE
0.0340 DKK

2015 NGN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.0356. Conversely, the yearly low was recorded on February 15, dropping to 0.0320.

This high-to-low spread represents a total annual volatility of 0.0036 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0344 to the December average rate of 0.0344, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0356 was down 1.86% compared to the 2014 peak of 0.0363, 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 35,595 DKK
2014 Average 34,038 DKK
Yearly Trough Low 31,971 DKK
Transaction Impact: A difference of 3,624.11 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0351
0.0329
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 0.0340, compared to 0.0340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0340
H2 Avg (Jul–Dec) 0.0340

Volatility Range Comparison

Volatility

The most volatile month in 2015 was February, with a trading range of 0.0028 DKK (High: 0.0347 / Low: 0.0320). On the other end, September was the most stable month, with a tight range of 0.0007 DKK (High: 0.0336 / Low: 0.0329).

February Spread (Volatile) ±0.0028
September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.0345) against the same month in 2014 (average: 0.0328), the exchange rate shifted by +0.0018 (+5.37%).

2015 Avg (March) 0.0345
2014 Avg (March) 0.0328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0350 0.0336 0.0344
February 0.0347 0.0320 0.0331
March 0.0356 0.0329 0.0345
April 0.0355 0.0336 0.0347
May 0.0344 0.0328 0.0336
June 0.0343 0.0330 0.0334
July 0.0346 0.0337 0.0341
August 0.0344 0.0325 0.0337
September 0.0336 0.0329 0.0334
October 0.0342 0.0327 0.0334
November 0.0354 0.0340 0.0349
December 0.0353 0.0341 0.0344