YEARLY HIGH
1189.4214 SLL
YEARLY LOW
895.7911 SLL
YEARLY AVERAGE
1031.0820 SLL

2023 NAD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 1189.4214. Conversely, the yearly low was recorded on June 1, dropping to 895.7911.

This high-to-low spread represents a total annual volatility of 293.6304 SLL. From a start-to-finish perspective, comparing the January average rate of 1034.3565 to the December average rate of 1122.4870, the exchange rate registered a net change of 8.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1189.4214 was up 14.20% compared to the 2022 peak of 1041.5684, 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 5,947,107 SLL
2022 Average 4,192,148 SLL
Yearly Trough Low 4,478,955 SLL
Transaction Impact: A difference of 1,468,151.83 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1142.1231
906.4895
JanuMarcMayJulySeptNove

NAD to SLL 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 971.8430, compared to 1090.3211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 118.4781 points.

H1 Avg (Jan–Jun) 971.8430
H2 Avg (Jul–Dec) 1090.3211

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 252.2862 SLL (High: 1189.4214 / Low: 937.1353). On the other end, September was the most stable month, with a tight range of 27.3484 SLL (High: 1118.3733 / Low: 1091.0250).

July Spread (Volatile) ±252.2862
September Spread (Stable) ±27.3484

Growth Streaks & Declines

Trends

Between May and August, 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 45.8300 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -45.8300

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 992.7893) against the same month in 2022 (average: 841.3160), the exchange rate shifted by +151.4733 (+18.00%).

2023 Avg (July) 992.7893
2022 Avg (July) 841.3160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1050.5501 1022.2801 1034.3565
February 1036.0704 959.0119 988.5384
March 987.9754 949.7312 966.5425
April 996.3339 953.8337 971.9557
May 966.8856 895.7911 926.1257
June 971.6722 895.7911 943.5392
July 1189.4214 937.1353 992.7893
August 1147.1280 1057.4634 1112.9588
September 1118.3733 1091.0250 1105.2407
October 1117.1817 1038.0941 1089.4603
November 1152.1703 1047.4276 1118.9904
December 1147.1280 1098.4547 1122.4870