2023 NAD to SYP Historical Review

YEARLY HIGH

149.4219 SYP

YEARLY LOW

124.3827 SYP

YEARLY AVERAGE

136.0025 SYP

2023 NAD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 149.4219. Conversely, the yearly low was recorded on October 28, dropping to 124.3827.

This high-to-low spread represents a total annual volatility of 25.0393 SYP. From a start-to-finish perspective, comparing the January average rate of 147.1187 to the December average rate of 134.4945, the exchange rate registered a net change of -8.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 149.4219 was down 13.57% compared to the 2022 peak of 172.8837, 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 747,110 SYP

2022 Average 773,560 SYP

Yearly Trough Low 621,913 SYP

Transaction Impact: A difference of 125,196.36 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

148.7768

128.8791

JanuMarcMayJulySeptNove

NAD to SYP 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 138.2273, compared to 133.7776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4496 points.

H1 Avg (Jan–Jun) 138.2273

H2 Avg (Jul–Dec) 133.7776

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 12.5501 SYP (High: 138.0511 / Low: 125.5010). On the other end, September was the most stable month, with a tight range of 3.2768 SYP (High: 134.0016 / Low: 130.7248).

November Spread (Volatile) ±12.5501

September Spread (Stable) ±3.2768

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 6.5185 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.5185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 147.1187) against the same month in 2022 (average: 162.0811), the exchange rate shifted by -14.9624 (-9.23%).

2023 Avg (January) 147.1187

2022 Avg (January) 162.0811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	149.4219	145.4010	147.1187
February	147.3625	136.4023	140.6019
March	140.5218	135.0823	137.4734
April	141.7107	135.6658	138.2433
May	137.5222	127.4102	131.7248
June	138.2030	127.4102	134.2016
July	142.5145	133.2907	137.7776
August	137.4469	126.7035	133.3528
September	134.0016	130.7248	132.4281
October	133.8588	124.3827	130.5373
November	138.0511	125.5010	134.0755
December	137.4469	131.6150	134.4945