2023 NAD to SBD Historical Review

YEARLY HIGH

0.4934 SBD

YEARLY LOW

0.4178 SBD

YEARLY AVERAGE

0.4516 SBD

2023 NAD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.4934. Conversely, the yearly low was recorded on October 28, dropping to 0.4178.

This high-to-low spread represents a total annual volatility of 0.0756 SBD. From a start-to-finish perspective, comparing the January average rate of 0.4839 to the December average rate of 0.4527, the exchange rate registered a net change of -6.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4934 was down 10.65% compared to the 2022 peak of 0.5523, 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 2,467 SBD

2022 Average 2,504 SBD

Yearly Trough Low 2,089 SBD

Transaction Impact: A difference of 377.95 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4887

0.4318

JanuMarcMayJulySeptNove

NAD to SBD 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 0.4555, compared to 0.4478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.4555

H2 Avg (Jul–Dec) 0.4478

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0431 SBD (High: 0.4626 / Low: 0.4195). On the other end, September was the most stable month, with a tight range of 0.0111 SBD (High: 0.4473 / Low: 0.4361).

November Spread (Volatile) ±0.0431

September Spread (Stable) ±0.0111

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 0.0232 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4839) against the same month in 2022 (average: 0.5210), the exchange rate shifted by -0.0371 (-7.12%).

2023 Avg (January) 0.4839

2022 Avg (January) 0.5210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4934	0.4773	0.4839
February	0.4828	0.4469	0.4607
March	0.4604	0.4433	0.4503
April	0.4643	0.4472	0.4563
May	0.4555	0.4226	0.4365
June	0.4584	0.4226	0.4452
July	0.4749	0.4421	0.4587
August	0.4578	0.4220	0.4442
September	0.4473	0.4361	0.4427
October	0.4497	0.4178	0.4381
November	0.4626	0.4195	0.4502
December	0.4636	0.4431	0.4527