2023 NAD to CNY Historical Review

YEARLY HIGH

0.4075 CNY

YEARLY LOW

0.3585 CNY

YEARLY AVERAGE

0.3826 CNY

2023 NAD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4075. Conversely, the yearly low was recorded on May 27, dropping to 0.3585.

This high-to-low spread represents a total annual volatility of 0.0490 CNY. From a start-to-finish perspective, comparing the January average rate of 0.3977 to the December average rate of 0.3810, the exchange rate registered a net change of -4.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4075 was down 7.95% compared to the 2022 peak of 0.4427, 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 2,038 CNY

2022 Average 2,067 CNY

Yearly Trough Low 1,793 CNY

Transaction Impact: A difference of 244.77 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4008

0.3632

JanuMarcMayJulySeptNove

NAD to CNY 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 0.3808, compared to 0.3844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.3808

H2 Avg (Jul–Dec) 0.3844

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0340 CNY (High: 0.3982 / Low: 0.3641). On the other end, March was the most stable month, with a tight range of 0.0107 CNY (High: 0.3842 / Low: 0.3734).

November Spread (Volatile) ±0.0340

March Spread (Stable) ±0.0107

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 0.0148 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3977) against the same month in 2022 (average: 0.4100), the exchange rate shifted by -0.0124 (-3.01%).

2023 Avg (January) 0.3977

2022 Avg (January) 0.4100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4075	0.3921	0.3977
February	0.3985	0.3762	0.3829
March	0.3842	0.3734	0.3771
April	0.3874	0.3716	0.3789
May	0.3783	0.3585	0.3663
June	0.3937	0.3598	0.3822
July	0.4065	0.3831	0.3940
August	0.3939	0.3660	0.3842
September	0.3899	0.3789	0.3844
October	0.3895	0.3622	0.3780
November	0.3982	0.3641	0.3845
December	0.3902	0.3707	0.3810