2023 LRD to NAD Historical Review

YEARLY HIGH

0.1197 NAD

YEARLY LOW

0.0948 NAD

YEARLY AVERAGE

0.1064 NAD

2023 LRD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.1197. Conversely, the yearly low was recorded on July 30, dropping to 0.0948.

This high-to-low spread represents a total annual volatility of 0.0249 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1099 to the December average rate of 0.0993, the exchange rate registered a net change of -9.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1197 was down 0.26% compared to the 2022 peak of 0.1200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 599 NAD

2022 Average 533 NAD

Yearly Trough Low 474 NAD

Transaction Impact: A difference of 124.67 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1162

0.0977

JanuMarcMayJulySeptNove

LRD 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 0.1120, compared to 0.1007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.1120

H2 Avg (Jul–Dec) 0.1007

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0135 NAD (High: 0.1166 / Low: 0.1031). On the other end, September was the most stable month, with a tight range of 0.0027 NAD (High: 0.1032 / Low: 0.1005).

June Spread (Volatile) ±0.0135

September Spread (Stable) ±0.0027

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 June and July, when the average rate fell by 0.0080 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1143) against the same month in 2022 (average: 0.0991), the exchange rate shifted by +0.0152 (+15.30%).

2023 Avg (February) 0.1143

2022 Avg (February) 0.0991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1113	0.1086	0.1099
February	0.1197	0.1085	0.1143
March	0.1187	0.1102	0.1146
April	0.1138	0.1092	0.1114
May	0.1173	0.1104	0.1143
June	0.1166	0.1031	0.1074
July	0.1043	0.0948	0.0994
August	0.1065	0.0980	0.1012
September	0.1032	0.1005	0.1018
October	0.1080	0.1004	0.1030
November	0.1066	0.0969	0.0998
December	0.1014	0.0971	0.0993