2023 BBD to NAD Historical Review

YEARLY HIGH

10.1000 NAD

YEARLY LOW

8.4075 NAD

YEARLY AVERAGE

9.2498 NAD

2023 BBD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 10.1000. Conversely, the yearly low was recorded on January 12, dropping to 8.4075.

This high-to-low spread represents a total annual volatility of 1.6925 NAD. From a start-to-finish perspective, comparing the January average rate of 8.5398 to the December average rate of 9.3427, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.1000 was up 9.60% compared to the 2022 peak of 9.2150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BBD based on timing:

Yearly Peak High 50,500 NAD

2022 Average 40,773 NAD

Yearly Trough Low 42,038 NAD

Transaction Impact: A difference of 8,462.50 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.7377

8.4309

JanuMarcMayJulySeptNove

BBD to NAD 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 9.1029, compared to 9.3967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2938 points.

H1 Avg (Jan–Jun) 9.1029

H2 Avg (Jul–Dec) 9.3967

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.9100 NAD (High: 10.0100 / Low: 9.1000). On the other end, January was the most stable month, with a tight range of 0.2325 NAD (High: 8.6400 / Low: 8.4075).

November Spread (Volatile) ±0.9100

January Spread (Stable) ±0.2325

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2540 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 9.6288) against the same month in 2022 (average: 9.0514), the exchange rate shifted by +0.5775 (+6.38%).

2023 Avg (October) 9.6288

2022 Avg (October) 9.0514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.6400	8.4075	8.5398
February	9.2100	8.5250	8.9404
March	9.3000	8.9400	9.1389
April	9.2600	8.8650	9.0883
May	9.8600	9.1350	9.5433
June	9.8600	9.0900	9.3666
July	9.4250	8.8150	9.1236
August	9.9150	9.1400	9.4231
September	9.6100	9.3750	9.4868
October	10.1000	9.3850	9.6288
November	10.0100	9.1000	9.3748
December	9.5450	9.1400	9.3427