2023 SYP to NAD Historical Review

YEARLY HIGH

0.0080 NAD

YEARLY LOW

0.0067 NAD

YEARLY AVERAGE

0.0074 NAD

2023 SYP to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0080. Conversely, the yearly low was recorded on January 12, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0013 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0068 to the December average rate of 0.0074, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0080 was up 9.60% compared to the 2022 peak of 0.0073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 40 NAD

2022 Average 32 NAD

Yearly Trough Low 33 NAD

Transaction Impact: A difference of 6.74 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0078

0.0067

JanuMarcMayJulySeptNove

SYP 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 0.0072, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0072

H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0007 NAD (High: 0.0080 / Low: 0.0072). On the other end, January was the most stable month, with a tight range of 0.0002 NAD (High: 0.0069 / Low: 0.0067).

November Spread (Volatile) ±0.0007

January Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0077) against the same month in 2022 (average: 0.0072), the exchange rate shifted by +0.0005 (+6.38%).

2023 Avg (October) 0.0077

2022 Avg (October) 0.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0069	0.0067	0.0068
February	0.0073	0.0068	0.0071
March	0.0074	0.0071	0.0073
April	0.0074	0.0071	0.0072
May	0.0078	0.0073	0.0076
June	0.0078	0.0072	0.0075
July	0.0075	0.0070	0.0073
August	0.0079	0.0073	0.0075
September	0.0076	0.0075	0.0076
October	0.0080	0.0075	0.0077
November	0.0080	0.0072	0.0075
December	0.0076	0.0073	0.0074