2023 SBD to NAD Historical Review

YEARLY HIGH

2.3933 NAD

YEARLY LOW

2.0267 NAD

YEARLY AVERAGE

2.2165 NAD

2023 SBD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 2.3933. Conversely, the yearly low was recorded on January 16, dropping to 2.0267.

This high-to-low spread represents a total annual volatility of 0.3666 NAD. From a start-to-finish perspective, comparing the January average rate of 2.0667 to the December average rate of 2.2093, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3933 was up 6.23% compared to the 2022 peak of 2.2530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SBD based on timing:

Yearly Peak High 11,967 NAD

2022 Average 10,017 NAD

Yearly Trough Low 10,133 NAD

Transaction Impact: A difference of 1,833.23 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3147

2.0441

JanuMarcMayJulySeptNove

SBD to NAD 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 2.1985, compared to 2.2346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0361 points.

H1 Avg (Jan–Jun) 2.1985

H2 Avg (Jul–Dec) 2.2346

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2221 NAD (High: 2.3837 / Low: 2.1616). On the other end, September was the most stable month, with a tight range of 0.0572 NAD (High: 2.2928 / Low: 2.2357).

November Spread (Volatile) ±0.2221

September Spread (Stable) ±0.0572

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0661 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.2835) against the same month in 2022 (average: 2.2164), the exchange rate shifted by +0.0671 (+3.03%).

2023 Avg (October) 2.2835

2022 Avg (October) 2.2164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0951	2.0267	2.0667
February	2.2374	2.0714	2.1716
March	2.2556	2.1719	2.2210
April	2.2361	2.1537	2.1920
May	2.3662	2.1953	2.2922
June	2.3662	2.1813	2.2474
July	2.2620	2.1055	2.1812
August	2.3695	2.1843	2.2520
September	2.2928	2.2357	2.2588
October	2.3933	2.2239	2.2835
November	2.3837	2.1616	2.2225
December	2.2568	2.1569	2.2093