2023 NAD to STD Historical Review

YEARLY HIGH

1357.3589 STD

YEARLY LOW

1103.0594 STD

YEARLY AVERAGE

1223.1692 STD

2023 NAD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1357.3589. Conversely, the yearly low was recorded on October 28, dropping to 1103.0594.

This high-to-low spread represents a total annual volatility of 254.2995 STD. From a start-to-finish perspective, comparing the January average rate of 1336.4361 to the December average rate of 1192.7337, the exchange rate registered a net change of -10.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1357.3589 was down 10.09% compared to the 2022 peak of 1509.6042, 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 6,786,795 STD

2022 Average 6,816,595 STD

Yearly Trough Low 5,515,297 STD

Transaction Impact: A difference of 1,271,497.65 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1354.3157

1139.7606

JanuMarcMayJulySeptNove

NAD to STD 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 1255.6657, compared to 1190.6726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 64.9931 points.

H1 Avg (Jan–Jun) 1255.6657

H2 Avg (Jul–Dec) 1190.6726

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 111.2977 STD (High: 1224.2747 / Low: 1112.9770). On the other end, September was the most stable month, with a tight range of 29.0599 STD (High: 1188.3627 / Low: 1159.3028).

November Spread (Volatile) ±111.2977

September Spread (Stable) ±29.0599

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 July and August, when the average rate fell by 65.0166 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -65.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1336.4361) against the same month in 2022 (average: 1364.5193), the exchange rate shifted by -28.0832 (-2.06%).

2023 Avg (January) 1336.4361

2022 Avg (January) 1364.5193

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1357.3589	1320.8328	1336.4361
February	1338.6505	1239.0874	1277.2370
March	1276.5095	1227.0963	1248.8172
April	1287.3091	1232.3969	1255.8114
May	1249.2606	1157.4032	1196.5969
June	1255.4450	1157.4032	1219.0959
July	1293.1439	1210.8218	1247.6259
August	1218.9168	1123.6409	1182.6093
September	1188.3627	1159.3028	1174.4082
October	1187.0964	1103.0594	1157.6402
November	1224.2747	1112.9770	1189.0183
December	1218.9168	1167.1975	1192.7337