YEARLY HIGH
0.4038 TTD
YEARLY LOW
0.3356 TTD
YEARLY AVERAGE
0.3673 TTD

2023 NAD to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.4038. Conversely, the yearly low was recorded on October 28, dropping to 0.3356.

This high-to-low spread represents a total annual volatility of 0.0682 TTD. From a start-to-finish perspective, comparing the January average rate of 0.3976 to the December average rate of 0.3639, the exchange rate registered a net change of -8.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4038 was down 13.89% compared to the 2022 peak of 0.4689, 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 2,019 TTD
2022 Average 2,090 TTD
Yearly Trough Low 1,678 TTD
Transaction Impact: A difference of 340.79 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4021
0.3479
JanuMarcMayJulySeptNove

NAD to TTD 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 0.3733, compared to 0.3613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.3733
H2 Avg (Jul–Dec) 0.3613

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0342 TTD (High: 0.3729 / Low: 0.3387). On the other end, September was the most stable month, with a tight range of 0.0096 TTD (High: 0.3617 / Low: 0.3521).

November Spread (Volatile) ±0.0342
September Spread (Stable) ±0.0096

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 January and February, when the average rate fell by 0.0176 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3976) against the same month in 2022 (average: 0.4380), the exchange rate shifted by -0.0405 (-9.24%).

2023 Avg (January) 0.3976
2022 Avg (January) 0.4380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4038 0.3929 0.3976
February 0.4008 0.3682 0.3800
March 0.3788 0.3633 0.3709
April 0.3820 0.3664 0.3731
May 0.3715 0.3442 0.3557
June 0.3734 0.3440 0.3623
July 0.3851 0.3572 0.3718
August 0.3721 0.3423 0.3602
September 0.3617 0.3521 0.3575
October 0.3622 0.3356 0.3524
November 0.3729 0.3387 0.3619
December 0.3734 0.3555 0.3639