2023 NAD to AUD Historical Review

YEARLY HIGH

0.0877 AUD

YEARLY LOW

0.0771 AUD

YEARLY AVERAGE

0.0814 AUD

2023 NAD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0877. Conversely, the yearly low was recorded on June 1, dropping to 0.0771.

This high-to-low spread represents a total annual volatility of 0.0106 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0842 to the December average rate of 0.0799, the exchange rate registered a net change of -5.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0877 was down 7.45% compared to the 2022 peak of 0.0947, 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 438 AUD

2022 Average 443 AUD

Yearly Trough Low 385 AUD

Transaction Impact: A difference of 52.92 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0847

0.0784

JanuMarcMayJulySeptNove

NAD to AUD 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 0.0813, compared to 0.0815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0813

H2 Avg (Jul–Dec) 0.0815

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0064 AUD (High: 0.0877 / Low: 0.0812). On the other end, September was the most stable month, with a tight range of 0.0026 AUD (High: 0.0836 / Low: 0.0810).

January Spread (Volatile) ±0.0064

September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 0.0034 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0842) against the same month in 2022 (average: 0.0900), the exchange rate shifted by -0.0058 (-6.45%).

2023 Avg (January) 0.0842

2022 Avg (January) 0.0900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0877	0.0812	0.0842
February	0.0851	0.0797	0.0812
March	0.0836	0.0803	0.0819
April	0.0847	0.0801	0.0823
May	0.0824	0.0772	0.0789
June	0.0817	0.0771	0.0795
July	0.0853	0.0791	0.0815
August	0.0839	0.0777	0.0819
September	0.0836	0.0810	0.0821
October	0.0841	0.0781	0.0819
November	0.0845	0.0783	0.0821
December	0.0817	0.0782	0.0799