2023 CAD to NAD Historical Review

YEARLY HIGH

14.7347 NAD

YEARLY LOW

12.4327 NAD

YEARLY AVERAGE

13.7025 NAD

2023 CAD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 14.7347. Conversely, the yearly low was recorded on January 3, dropping to 12.4327.

This high-to-low spread represents a total annual volatility of 2.3020 NAD. From a start-to-finish perspective, comparing the January average rate of 12.7275 to the December average rate of 13.9330, the exchange rate registered a net change of 9.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.7347 was up 9.18% compared to the 2022 peak of 13.4963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,673 NAD

2022 Average 62,578 NAD

Yearly Trough Low 62,163 NAD

Transaction Impact: A difference of 11,510.02 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.2457

12.5895

JanuMarcMayJulySeptNove

CAD 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 13.5010, compared to 13.9041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4031 points.

H1 Avg (Jan–Jun) 13.5010

H2 Avg (Jul–Dec) 13.9041

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.2062 NAD (High: 14.5057 / Low: 13.2995). On the other end, March was the most stable month, with a tight range of 0.3579 NAD (High: 13.5195 / Low: 13.1616).

November Spread (Volatile) ±1.2062

March Spread (Stable) ±0.3579

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.3639 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 13.9761) against the same month in 2022 (average: 12.9219), the exchange rate shifted by +1.0542 (+8.16%).

2023 Avg (August) 13.9761

2022 Avg (August) 12.9219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9339	12.4327	12.7275
February	13.5681	12.6830	13.2854
March	13.5195	13.1616	13.3410
April	13.7988	13.1292	13.4479
May	14.5354	13.4026	14.1077
June	14.6668	13.7692	14.0964
July	14.2082	13.3032	13.7918
August	14.7347	13.6295	13.9761
September	14.2139	13.7615	14.0023
October	14.6344	13.5709	14.0426
November	14.5057	13.2995	13.6786
December	14.2532	13.6434	13.9330