YEARLY HIGH
22.5383 AMD
YEARLY LOW
20.2833 AMD
YEARLY AVERAGE
21.4427 AMD

2024 NAD to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 22.5383. Conversely, the yearly low was recorded on April 26, dropping to 20.2833.

This high-to-low spread represents a total annual volatility of 2.2549 AMD. From a start-to-finish perspective, comparing the January average rate of 21.5449 to the December average rate of 21.7707, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.5383 was down 4.40% compared to the 2023 peak of 23.5767, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112,691 AMD
2023 Average 106,200 AMD
Yearly Trough Low 101,417 AMD
Transaction Impact: A difference of 11,274.61 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.1657
20.5847
JanuMarcMayJulySeptNove

NAD to AMD 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 21.1758, compared to 21.7096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5337 points.

H1 Avg (Jan–Jun) 21.1758
H2 Avg (Jul–Dec) 21.7096

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.4226 AMD (High: 22.4464 / Low: 21.0238). On the other end, October was the most stable month, with a tight range of 0.5298 AMD (High: 22.3545 / Low: 21.8246).

December Spread (Volatile) ±1.4226
October Spread (Stable) ±0.5298

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.5289 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 21.9868) against the same month in 2023 (average: 20.3650), the exchange rate shifted by +1.6219 (+7.96%).

2024 Avg (September) 21.9868
2023 Avg (September) 20.3650

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.9003 21.0901 21.5449
February 21.9955 21.0319 21.3962
March 21.6883 20.7494 21.2453
April 21.0770 20.2833 20.7164
May 21.4509 20.8204 21.0880
June 21.6719 20.4717 21.0642
July 21.5919 21.0167 21.2771
August 21.9963 20.8804 21.4917
September 22.5383 21.5370 21.9868
October 22.3545 21.8246 22.0339
November 22.2121 21.2041 21.6973
December 22.4464 21.0238 21.7707