YEARLY HIGH
1.5851 NAD
YEARLY LOW
1.2137 NAD
YEARLY AVERAGE
1.3774 NAD

2023 SCR to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 1.5851. Conversely, the yearly low was recorded on January 18, dropping to 1.2137.

This high-to-low spread represents a total annual volatility of 0.3714 NAD. From a start-to-finish perspective, comparing the January average rate of 1.2617 to the December average rate of 1.3914, the exchange rate registered a net change of 10.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5851 was up 10.34% compared to the 2022 peak of 1.4366, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,926 NAD
2022 Average 6,030 NAD
Yearly Trough Low 6,068 NAD
Transaction Impact: A difference of 1,857.21 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.4639
1.2433
JanuMarcMayJulySeptNove

SCR 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 1.3448, compared to 1.4100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0652 points.

H1 Avg (Jan–Jun) 1.3448
H2 Avg (Jul–Dec) 1.4100

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.2161 NAD (High: 1.5851 / Low: 1.3691). On the other end, January was the most stable month, with a tight range of 0.1037 NAD (High: 1.3174 / Low: 1.2137).

October Spread (Volatile) ±0.2161
January Spread (Stable) ±0.1037

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 May and June, when the average rate fell by 0.0468 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.4455) against the same month in 2022 (average: 1.3561), the exchange rate shifted by +0.0895 (+6.60%).

2023 Avg (October) 1.4455
2022 Avg (October) 1.3561

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3174 1.2137 1.2617
February 1.4145 1.2166 1.3205
March 1.4081 1.2836 1.3586
April 1.4085 1.2728 1.3461
May 1.5013 1.3217 1.4144
June 1.4780 1.2915 1.3676
July 1.4383 1.2682 1.3660
August 1.4904 1.3783 1.4093
September 1.4909 1.3767 1.4443
October 1.5851 1.3691 1.4455
November 1.4957 1.3487 1.4038
December 1.4697 1.3199 1.3914