YEARLY HIGH
0.8239 SCR
YEARLY LOW
0.6309 SCR
YEARLY AVERAGE
0.7277 SCR

2023 NAD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.8239. Conversely, the yearly low was recorded on October 26, dropping to 0.6309.

This high-to-low spread represents a total annual volatility of 0.1931 SCR. From a start-to-finish perspective, comparing the January average rate of 0.7930 to the December average rate of 0.7192, the exchange rate registered a net change of -9.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8239 was down 16.96% compared to the 2022 peak of 0.9922, 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 4,120 SCR
2022 Average 4,180 SCR
Yearly Trough Low 3,154 SCR
Transaction Impact: A difference of 965.35 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8031
0.6824
JanuMarcMayJulySeptNove

NAD to SCR 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 0.7454, compared to 0.7100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0354 points.

H1 Avg (Jan–Jun) 0.7454
H2 Avg (Jul–Dec) 0.7100

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1150 SCR (High: 0.8220 / Low: 0.7070). On the other end, August was the most stable month, with a tight range of 0.0546 SCR (High: 0.7255 / Low: 0.6710).

February Spread (Volatile) ±0.1150
August Spread (Stable) ±0.0546

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 April and May, when the average rate fell by 0.0358 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7930) against the same month in 2022 (average: 0.8884), the exchange rate shifted by -0.0954 (-10.74%).

2023 Avg (January) 0.7930
2022 Avg (January) 0.8884

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8239 0.7591 0.7930
February 0.8220 0.7070 0.7589
March 0.7791 0.7102 0.7367
April 0.7857 0.7100 0.7437
May 0.7566 0.6661 0.7079
June 0.7743 0.6766 0.7321
July 0.7885 0.6953 0.7330
August 0.7255 0.6710 0.7097
September 0.7264 0.6707 0.6927
October 0.7304 0.6309 0.6924
November 0.7414 0.6686 0.7128
December 0.7577 0.6804 0.7192