2023 BMD to NAD Historical Review

YEARLY HIGH

20.2000 NAD

YEARLY LOW

16.8150 NAD

YEARLY AVERAGE

18.4996 NAD

2023 BMD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 20.2000. Conversely, the yearly low was recorded on January 12, dropping to 16.8150.

This high-to-low spread represents a total annual volatility of 3.3850 NAD. From a start-to-finish perspective, comparing the January average rate of 17.0797 to the December average rate of 18.6855, 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 20.2000 was up 9.60% compared to the 2022 peak of 18.4300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101,000 NAD

2022 Average 81,546 NAD

Yearly Trough Low 84,075 NAD

Transaction Impact: A difference of 16,925.00 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.4755

16.8619

JanuMarcMayJulySeptNove

BMD 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 18.2058, compared to 18.7933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5875 points.

H1 Avg (Jan–Jun) 18.2058

H2 Avg (Jul–Dec) 18.7933

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.8200 NAD (High: 20.0200 / Low: 18.2000). On the other end, January was the most stable month, with a tight range of 0.4650 NAD (High: 17.2800 / Low: 16.8150).

November Spread (Volatile) ±1.8200

January Spread (Stable) ±0.4650

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 0.5080 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 19.2577) against the same month in 2022 (average: 18.1027), the exchange rate shifted by +1.1549 (+6.38%).

2023 Avg (October) 19.2577

2022 Avg (October) 18.1027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.2800	16.8150	17.0797
February	18.4200	17.0500	17.8807
March	18.6000	17.8800	18.2778
April	18.5200	17.7300	18.1767
May	19.7200	18.2700	19.0867
June	19.7200	18.1800	18.7332
July	18.8500	17.6300	18.2473
August	19.8300	18.2800	18.8462
September	19.2200	18.7500	18.9736
October	20.2000	18.7700	19.2577
November	20.0200	18.2000	18.7497
December	19.0900	18.2800	18.6855