2023 NAD to GBP Historical Review

YEARLY HIGH

0.0497 GBP

YEARLY LOW

0.0398 GBP

YEARLY AVERAGE

0.0435 GBP

2023 NAD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0497. Conversely, the yearly low was recorded on August 14, dropping to 0.0398.

This high-to-low spread represents a total annual volatility of 0.0100 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0478 to the December average rate of 0.0423, the exchange rate registered a net change of -11.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0497 was down 7.61% compared to the 2022 peak of 0.0538, 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 249 GBP

2022 Average 249 GBP

Yearly Trough Low 199 GBP

Transaction Impact: A difference of 49.82 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0484

0.0412

JanuMarcMayJulySeptNove

NAD to GBP 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 0.0446, compared to 0.0425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0446

H2 Avg (Jul–Dec) 0.0425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0039 GBP (High: 0.0446 / Low: 0.0407). On the other end, March was the most stable month, with a tight range of 0.0017 GBP (High: 0.0459 / Low: 0.0442).

November Spread (Volatile) ±0.0039

March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0478) against the same month in 2022 (average: 0.0476), the exchange rate shifted by +0.0002 (+0.49%).

2023 Avg (January) 0.0478

2022 Avg (January) 0.0476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0497	0.0467	0.0478
February	0.0488	0.0450	0.0464
March	0.0459	0.0442	0.0451
April	0.0459	0.0434	0.0442
May	0.0436	0.0407	0.0420
June	0.0430	0.0405	0.0423
July	0.0443	0.0413	0.0426
August	0.0430	0.0398	0.0418
September	0.0437	0.0414	0.0426
October	0.0439	0.0408	0.0427
November	0.0446	0.0407	0.0429
December	0.0432	0.0410	0.0423