2023 NAD to XCD Historical Review

YEARLY HIGH

0.1607 XCD

YEARLY LOW

0.1338 XCD

YEARLY AVERAGE

0.1463 XCD

2023 NAD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.1607. Conversely, the yearly low was recorded on October 28, dropping to 0.1338.

This high-to-low spread represents a total annual volatility of 0.0269 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1582 to the December average rate of 0.1447, 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 0.1607 was down 13.59% compared to the 2022 peak of 0.1860, 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 804 XCD

2022 Average 832 XCD

Yearly Trough Low 669 XCD

Transaction Impact: A difference of 134.66 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1600

0.1386

JanuMarcMayJulySeptNove

NAD to XCD 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 0.1487, compared to 0.1439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.1487

H2 Avg (Jul–Dec) 0.1439

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0135 XCD (High: 0.1485 / Low: 0.1350). On the other end, September was the most stable month, with a tight range of 0.0035 XCD (High: 0.1441 / Low: 0.1406).

November Spread (Volatile) ±0.0135

September Spread (Stable) ±0.0035

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 0.0070 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1582) against the same month in 2022 (average: 0.1744), the exchange rate shifted by -0.0161 (-9.25%).

2023 Avg (January) 0.1582

2022 Avg (January) 0.1744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1607	0.1564	0.1582
February	0.1585	0.1467	0.1512
March	0.1511	0.1453	0.1479
April	0.1524	0.1459	0.1487
May	0.1479	0.1370	0.1417
June	0.1487	0.1370	0.1444
July	0.1533	0.1434	0.1482
August	0.1478	0.1363	0.1434
September	0.1441	0.1406	0.1424
October	0.1440	0.1338	0.1404
November	0.1485	0.1350	0.1442
December	0.1478	0.1416	0.1447