2022 BND to NAD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 BND to NAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the BND to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 13.0291. Conversely, the yearly low was recorded on April 11, dropping to 10.6726.
This high-to-low spread represents a total annual volatility of 2.3565 NAD. From a start-to-finish perspective, comparing the January average rate of 11.4801 to the December average rate of 12.7547, the exchange rate registered a net change of 11.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 13.0291 was up 9.80% compared to the 2021 peak of 11.8667, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
BND to NAD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.2889, compared to 12.3494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0605 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 1.0721 NAD (High: 11.7696 / Low: 10.6975). On the other end, May was the most stable month, with a tight range of 0.2882 NAD (High: 11.6388 / Low: 11.3506).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2615 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 12.6194) against the same month in 2021 (average: 11.3938), the exchange rate shifted by +1.2257 (+10.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.8137 | 11.2005 | 11.4801 |
| February | 11.5574 | 11.1740 | 11.3150 |
| March | 11.7696 | 10.6975 | 11.0535 |
| April | 11.6043 | 10.6726 | 10.9671 |
| May | 11.6388 | 11.3506 | 11.5210 |
| June | 11.5824 | 11.1518 | 11.3965 |
| July | 12.2899 | 11.2901 | 11.5341 |
| August | 12.2209 | 11.8085 | 12.0662 |
| September | 12.6658 | 12.1138 | 12.4287 |
| October | 13.0195 | 12.4712 | 12.6932 |
| November | 13.0291 | 12.3442 | 12.6194 |
| December | 13.0273 | 12.4900 | 12.7547 |