2022 NAD to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NAD to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NAD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 10.5299. Conversely, the yearly low was recorded on October 24, dropping to 8.3315.
This high-to-low spread represents a total annual volatility of 2.1984 LRD. From a start-to-finish perspective, comparing the January average rate of 9.6414 to the December average rate of 8.9441, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 10.5299 was down 17.05% compared to the 2021 peak of 12.6945, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NAD to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.8840, compared to 8.9477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9363 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 0.9689 LRD (High: 10.4598 / Low: 9.4909). On the other end, October was the most stable month, with a tight range of 0.2847 LRD (High: 8.6162 / Low: 8.3315).
Growth Streaks & Declines
TrendsBetween January and March, 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 April and May, when the average rate fell by 0.6386 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 10.2325) against the same month in 2021 (average: 11.5887), the exchange rate shifted by -1.3562 (-11.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.0431 | 9.0987 | 9.6414 |
| February | 10.2409 | 9.8713 | 10.0891 |
| March | 10.5299 | 9.6086 | 10.2325 |
| April | 10.4598 | 9.4909 | 10.1691 |
| May | 9.7436 | 9.3492 | 9.5305 |
| June | 9.8765 | 9.4469 | 9.6413 |
| July | 9.7613 | 9.0135 | 9.4878 |
| August | 9.4812 | 9.0300 | 9.1977 |
| September | 9.0959 | 8.5066 | 8.7756 |
| October | 8.6162 | 8.3315 | 8.4890 |
| November | 9.0831 | 8.4127 | 8.7919 |
| December | 9.0906 | 8.7104 | 8.9441 |