2023 NAD to BZD Historical Review

YEARLY HIGH

0.1199 BZD

YEARLY LOW

0.0996 BZD

YEARLY AVERAGE

0.1091 BZD

2023 NAD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.1199. Conversely, the yearly low was recorded on October 28, dropping to 0.0996.

This high-to-low spread represents a total annual volatility of 0.0203 BZD. From a start-to-finish perspective, comparing the January average rate of 0.1180 to the December average rate of 0.1080, 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 0.1199 was down 13.74% compared to the 2022 peak of 0.1390, 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 599 BZD

2022 Average 621 BZD

Yearly Trough Low 498 BZD

Transaction Impact: A difference of 101.52 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1194

0.1033

JanuMarcMayJulySeptNove

NAD to BZD 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 0.1108, compared to 0.1073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1108

H2 Avg (Jul–Dec) 0.1073

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0101 BZD (High: 0.1108 / Low: 0.1008). On the other end, September was the most stable month, with a tight range of 0.0028 BZD (High: 0.1076 / Low: 0.1048).

November Spread (Volatile) ±0.0101

September Spread (Stable) ±0.0028

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 0.0052 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1180) against the same month in 2022 (average: 0.1300), the exchange rate shifted by -0.0120 (-9.23%).

2023 Avg (January) 0.1180

2022 Avg (January) 0.1300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1199	0.1166	0.1180
February	0.1182	0.1094	0.1128
March	0.1127	0.1079	0.1100
April	0.1134	0.1087	0.1108
May	0.1103	0.1022	0.1056
June	0.1109	0.1022	0.1076
July	0.1143	0.1061	0.1104
August	0.1104	0.1017	0.1070
September	0.1076	0.1048	0.1062
October	0.1074	0.0996	0.1047
November	0.1108	0.1008	0.1074
December	0.1109	0.1055	0.1080