YEARLY HIGH
0.0554 CHF
YEARLY LOW
0.0443 CHF
YEARLY AVERAGE
0.0487 CHF

2023 NAD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0554. Conversely, the yearly low was recorded on August 14, dropping to 0.0443.

This high-to-low spread represents a total annual volatility of 0.0111 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0541 to the December average rate of 0.0462, the exchange rate registered a net change of -14.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0554 was down 15.22% compared to the 2022 peak of 0.0654, 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 277 CHF
2022 Average 294 CHF
Yearly Trough Low 221 CHF
Transaction Impact: A difference of 55.73 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0549
0.0454
JanuMarcMayJulySeptNove

NAD to CHF 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 0.0502, compared to 0.0471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0502
H2 Avg (Jul–Dec) 0.0471

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0042 CHF (High: 0.0492 / Low: 0.0450). On the other end, March was the most stable month, with a tight range of 0.0016 CHF (High: 0.0517 / Low: 0.0500).

November Spread (Volatile) ±0.0042
March Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0541) against the same month in 2022 (average: 0.0593), the exchange rate shifted by -0.0052 (-8.72%).

2023 Avg (January) 0.0541
2022 Avg (January) 0.0593

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0554 0.0530 0.0541
February 0.0544 0.0508 0.0519
March 0.0517 0.0500 0.0506
April 0.0518 0.0483 0.0495
May 0.0488 0.0460 0.0471
June 0.0493 0.0459 0.0481
July 0.0494 0.0467 0.0479
August 0.0480 0.0443 0.0466
September 0.0486 0.0463 0.0474
October 0.0484 0.0444 0.0469
November 0.0492 0.0450 0.0476
December 0.0476 0.0454 0.0462