2019 NGN to DKK Historical Review

YEARLY HIGH

0.0219 DKK

YEARLY LOW

0.0177 DKK

YEARLY AVERAGE

0.0185 DKK

2019 NGN to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0219. Conversely, the yearly low was recorded on January 9, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0042 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0180 to the December average rate of 0.0185, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0219 was up 19.88% compared to the 2018 peak of 0.0183, 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 21,926 DKK

2018 Average 17,484 DKK

Yearly Trough Low 17,686 DKK

Transaction Impact: A difference of 4,239.90 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0192

0.0179

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 0.0184, compared to 0.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0184

H2 Avg (Jul–Dec) 0.0186

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0036 DKK (High: 0.0219 / Low: 0.0183). On the other end, May was the most stable month, with a tight range of 0.0002 DKK (High: 0.0186 / Low: 0.0184).

August Spread (Volatile) ±0.0036

May Spread (Stable) ±0.0002

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 June and July, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0187) against the same month in 2018 (average: 0.0179), the exchange rate shifted by +0.0008 (+4.53%).

2019 Avg (August) 0.0187

2018 Avg (August) 0.0179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0182	0.0177	0.0180
February	0.0183	0.0181	0.0182
March	0.0185	0.0181	0.0183
April	0.0187	0.0183	0.0185
May	0.0186	0.0184	0.0185
June	0.0217	0.0182	0.0191
July	0.0187	0.0183	0.0185
August	0.0219	0.0183	0.0187
September	0.0189	0.0186	0.0188
October	0.0189	0.0185	0.0187
November	0.0187	0.0185	0.0187
December	0.0187	0.0183	0.0185