2023 NAD to SRD Historical Review

YEARLY HIGH

2.1796 SRD

YEARLY LOW

1.8037 SRD

YEARLY AVERAGE

1.9774 SRD

2023 NAD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 2.1796. Conversely, the yearly low was recorded on February 15, dropping to 1.8037.

This high-to-low spread represents a total annual volatility of 0.3759 SRD. From a start-to-finish perspective, comparing the January average rate of 1.8629 to the December average rate of 1.9999, the exchange rate registered a net change of 7.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1796 was up 16.40% compared to the 2022 peak of 1.8726, 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 10,898 SRD

2022 Average 7,394 SRD

Yearly Trough Low 9,019 SRD

Transaction Impact: A difference of 1,879.48 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1088

1.8104

JanuMarcMayJulySeptNove

NAD to SRD 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 1.9310, compared to 2.0238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0928 points.

H1 Avg (Jan–Jun) 1.9310

H2 Avg (Jul–Dec) 2.0238

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2138 SRD (High: 2.0189 / Low: 1.8050). On the other end, September was the most stable month, with a tight range of 0.0480 SRD (High: 2.0393 / Low: 1.9914).

March Spread (Volatile) ±0.2138

September Spread (Stable) ±0.0480

Growth Streaks & Declines

Trends

Between February and April, 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 0.0656 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0656

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.0839) against the same month in 2022 (average: 1.4238), the exchange rate shifted by +0.6601 (+46.36%).

2023 Avg (July) 2.0839

2022 Avg (July) 1.4238

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8936	1.8359	1.8629
February	1.8949	1.8037	1.8353
March	2.0189	1.8050	1.8928
April	2.0736	1.9682	2.0234
May	2.0511	1.8893	1.9578
June	2.0759	1.9072	2.0138
July	2.1796	1.9691	2.0839
August	2.1095	1.9292	2.0314
September	2.0393	1.9914	2.0187
October	2.0362	1.8811	1.9821
November	2.0824	1.9018	2.0269
December	2.0623	1.9604	1.9999