YEARLY HIGH
0.1072 ANG
YEARLY LOW
0.0892 ANG
YEARLY AVERAGE
0.0975 ANG

2023 NAD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.1072. Conversely, the yearly low was recorded on October 26, dropping to 0.0892.

This high-to-low spread represents a total annual volatility of 0.0179 ANG. From a start-to-finish perspective, comparing the January average rate of 0.1055 to the December average rate of 0.0966, the exchange rate registered a net change of -8.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1072 was down 13.74% compared to the 2022 peak of 0.1242, 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 536 ANG
2022 Average 555 ANG
Yearly Trough Low 446 ANG
Transaction Impact: A difference of 89.72 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1067
0.0924
JanuMarcMayJulySeptNove

NAD to ANG 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 0.0991, compared to 0.0959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0991
H2 Avg (Jul–Dec) 0.0959

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0090 ANG (High: 0.0991 / Low: 0.0901). On the other end, September was the most stable month, with a tight range of 0.0025 ANG (High: 0.0962 / Low: 0.0937).

November Spread (Volatile) ±0.0090
September Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0047 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1055) against the same month in 2022 (average: 0.1161), the exchange rate shifted by -0.0106 (-9.14%).

2023 Avg (January) 0.1055
2022 Avg (January) 0.1161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1072 0.1043 0.1055
February 0.1057 0.0978 0.1009
March 0.1007 0.0965 0.0985
April 0.1014 0.0972 0.0991
May 0.0986 0.0913 0.0945
June 0.0992 0.0914 0.0962
July 0.1023 0.0949 0.0987
August 0.0987 0.0909 0.0957
September 0.0962 0.0937 0.0950
October 0.0960 0.0892 0.0936
November 0.0991 0.0901 0.0961
December 0.0991 0.0944 0.0966