2023 SRD to NAD Historical Review

YEARLY HIGH

0.5544 NAD

YEARLY LOW

0.4588 NAD

YEARLY AVERAGE

0.5066 NAD

2023 SRD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.5544. Conversely, the yearly low was recorded on July 30, dropping to 0.4588.

This high-to-low spread represents a total annual volatility of 0.0956 NAD. From a start-to-finish perspective, comparing the January average rate of 0.5368 to the December average rate of 0.5001, the exchange rate registered a net change of -6.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5544 was down 28.46% compared to the 2022 peak of 0.7749, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,772 NAD

2022 Average 3,417 NAD

Yearly Trough Low 2,294 NAD

Transaction Impact: A difference of 478.06 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5514

0.4740

JanuMarcMayJulySeptNove

SRD 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 0.5188, compared to 0.4945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0243 points.

H1 Avg (Jan–Jun) 0.5188

H2 Avg (Jul–Dec) 0.4945

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0587 NAD (High: 0.5540 / Low: 0.4953). On the other end, September was the most stable month, with a tight range of 0.0118 NAD (High: 0.5022 / Low: 0.4904).

March Spread (Volatile) ±0.0587

September Spread (Stable) ±0.0118

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 March and April, when the average rate fell by 0.0344 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5450) against the same month in 2022 (average: 0.7392), the exchange rate shifted by -0.1942 (-26.27%).

2023 Avg (February) 0.5450

2022 Avg (February) 0.7392

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5447	0.5281	0.5368
February	0.5544	0.5277	0.5450
March	0.5540	0.4953	0.5287
April	0.5081	0.4822	0.4943
May	0.5293	0.4875	0.5112
June	0.5243	0.4817	0.4969
July	0.5078	0.4588	0.4804
August	0.5184	0.4740	0.4924
September	0.5022	0.4904	0.4954
October	0.5316	0.4911	0.5048
November	0.5258	0.4802	0.4936
December	0.5101	0.4849	0.5001