2023 NAD to XDR Historical Review

YEARLY HIGH

0.0444 XDR

YEARLY LOW

0.0377 XDR

YEARLY AVERAGE

0.0406 XDR

2023 NAD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0444. Conversely, the yearly low was recorded on October 28, dropping to 0.0377.

This high-to-low spread represents a total annual volatility of 0.0067 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0436 to the December average rate of 0.0401, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0444 was down 10.45% compared to the 2022 peak of 0.0496, 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 222 XDR

2022 Average 224 XDR

Yearly Trough Low 188 XDR

Transaction Impact: A difference of 33.65 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0440

0.0385

JanuMarcMayJulySeptNove

NAD to XDR 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 0.0410, compared to 0.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0410

H2 Avg (Jul–Dec) 0.0401

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0037 XDR (High: 0.0417 / Low: 0.0380). On the other end, March was the most stable month, with a tight range of 0.0013 XDR (High: 0.0416 / Low: 0.0403).

November Spread (Volatile) ±0.0037

March Spread (Stable) ±0.0013

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 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0436) against the same month in 2022 (average: 0.0460), the exchange rate shifted by -0.0024 (-5.22%).

2023 Avg (January) 0.0436

2022 Avg (January) 0.0460

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0444	0.0429	0.0436
February	0.0435	0.0408	0.0418
March	0.0416	0.0403	0.0410
April	0.0420	0.0399	0.0408
May	0.0407	0.0379	0.0390
June	0.0413	0.0381	0.0400
July	0.0421	0.0395	0.0408
August	0.0408	0.0378	0.0398
September	0.0405	0.0391	0.0399
October	0.0407	0.0377	0.0396
November	0.0417	0.0380	0.0404
December	0.0414	0.0394	0.0401