YEARLY HIGH
0.1137 NAD
YEARLY LOW
0.0946 NAD
YEARLY AVERAGE
0.1040 NAD

2023 DJF to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.1137. Conversely, the yearly low was recorded on January 16, dropping to 0.0946.

This high-to-low spread represents a total annual volatility of 0.0191 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0961 to the December average rate of 0.1049, the exchange rate registered a net change of 9.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1137 was up 9.34% compared to the 2022 peak of 0.1040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 569 NAD
2022 Average 458 NAD
Yearly Trough Low 473 NAD
Transaction Impact: A difference of 95.59 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1095
0.0949
JanuMarcMayJulySeptNove

DJF 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 0.1024, compared to 0.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.1024
H2 Avg (Jul–Dec) 0.1057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0101 NAD (High: 0.1126 / Low: 0.1025). On the other end, September was the most stable month, with a tight range of 0.0025 NAD (High: 0.1079 / Low: 0.1054).

November Spread (Volatile) ±0.0101
September Spread (Stable) ±0.0025

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 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1083) against the same month in 2022 (average: 0.1018), the exchange rate shifted by +0.0065 (+6.35%).

2023 Avg (October) 0.1083
2022 Avg (October) 0.1018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0972 0.0946 0.0961
February 0.1036 0.0951 0.1005
March 0.1049 0.1005 0.1029
April 0.1042 0.0997 0.1023
May 0.1109 0.1028 0.1073
June 0.1109 0.1018 0.1053
July 0.1067 0.0991 0.1027
August 0.1114 0.1027 0.1059
September 0.1079 0.1054 0.1066
October 0.1137 0.1056 0.1083
November 0.1126 0.1025 0.1055
December 0.1075 0.1023 0.1049