YEARLY HIGH
14.8855 YER
YEARLY LOW
12.3936 YER
YEARLY AVERAGE
13.5497 YER

2023 NAD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 14.8855. Conversely, the yearly low was recorded on October 25, dropping to 12.3936.

This high-to-low spread represents a total annual volatility of 2.4920 YER. From a start-to-finish perspective, comparing the January average rate of 14.6576 to the December average rate of 13.3945, the exchange rate registered a net change of -8.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.8855 was down 13.57% compared to the 2022 peak of 17.2230, 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 74,428 YER
2022 Average 77,054 YER
Yearly Trough Low 61,968 YER
Transaction Impact: A difference of 12,459.78 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.8228
12.8410
JanuMarcMayJulySeptNove

NAD to YER 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 13.7719, compared to 13.3276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4443 points.

H1 Avg (Jan–Jun) 13.7719
H2 Avg (Jul–Dec) 13.3276

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.2491 YER (High: 13.7541 / Low: 12.5050). On the other end, September was the most stable month, with a tight range of 0.3278 YER (High: 13.3533 / Low: 13.0255).

November Spread (Volatile) ±1.2491
September Spread (Stable) ±0.3278

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 0.6500 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 14.6576) against the same month in 2022 (average: 16.1462), the exchange rate shifted by -1.4886 (-9.22%).

2023 Avg (January) 14.6576
2022 Avg (January) 16.1462

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.8855 14.4879 14.6576
February 14.6847 13.5912 14.0091
March 14.0017 13.4570 13.6954
April 14.1201 13.5192 13.7739
May 13.7001 12.6952 13.1239
June 13.7706 12.6952 13.3713
July 14.2002 13.2812 13.7268
August 13.6953 12.6248 13.2852
September 13.3533 13.0255 13.1947
October 13.3378 12.3936 13.0061
November 13.7541 12.5050 13.3583
December 13.6967 13.1129 13.3945