2024 NAD to EUR Historical Review

YEARLY HIGH

0.0541 EUR

YEARLY LOW

0.0477 EUR

YEARLY AVERAGE

0.0505 EUR

2024 NAD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.0541. Conversely, the yearly low was recorded on February 26, dropping to 0.0477.

This high-to-low spread represents a total annual volatility of 0.0064 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0488 to the December average rate of 0.0524, the exchange rate registered a net change of 7.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0541 was down 3.93% compared to the 2023 peak of 0.0563, 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 270 EUR

2023 Average 250 EUR

Yearly Trough Low 238 EUR

Transaction Impact: A difference of 31.84 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0529

0.0484

JanuMarcMayJulySeptNove

NAD to EUR 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 0.0494, compared to 0.0515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0494

H2 Avg (Jul–Dec) 0.0515

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0038 EUR (High: 0.0523 / Low: 0.0485). On the other end, October was the most stable month, with a tight range of 0.0010 EUR (High: 0.0528 / Low: 0.0518).

June Spread (Volatile) ±0.0038

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0524) against the same month in 2023 (average: 0.0490), the exchange rate shifted by +0.0034 (+6.94%).

2024 Avg (December) 0.0524

2023 Avg (December) 0.0490

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0497	0.0479	0.0488
February	0.0498	0.0477	0.0488
March	0.0494	0.0483	0.0488
April	0.0503	0.0487	0.0494
May	0.0509	0.0499	0.0503
June	0.0523	0.0485	0.0504
July	0.0513	0.0499	0.0505
August	0.0513	0.0492	0.0503
September	0.0523	0.0503	0.0511
October	0.0528	0.0518	0.0522
November	0.0530	0.0520	0.0525
December	0.0541	0.0511	0.0524