YEARLY HIGH
1297.2290 STD
YEARLY LOW
1153.1577 STD
YEARLY AVERAGE
1216.6832 STD

2024 NAD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1297.2290. Conversely, the yearly low was recorded on February 26, dropping to 1153.1577.

This high-to-low spread represents a total annual volatility of 144.0714 STD. From a start-to-finish perspective, comparing the January average rate of 1186.1847 to the December average rate of 1222.8822, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1297.2290 was down 4.43% compared to the 2023 peak of 1357.3589, 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 6,486,145 STD
2023 Average 6,114,368 STD
Yearly Trough Low 5,765,788 STD
Transaction Impact: A difference of 720,356.89 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1277.1657
1165.0930
JanuMarcMayJulySeptNove

NAD to STD 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 1190.6356, compared to 1242.7307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.0952 points.

H1 Avg (Jan–Jun) 1190.6356
H2 Avg (Jul–Dec) 1242.7307

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 80.4652 STD (High: 1261.7477 / Low: 1181.2825). On the other end, October was the most stable month, with a tight range of 31.7622 STD (High: 1288.6108 / Low: 1256.8486).

December Spread (Volatile) ±80.4652
October Spread (Stable) ±31.7622

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 24.8701 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -24.8701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1265.0010) against the same month in 2023 (average: 1174.4082), the exchange rate shifted by +90.5928 (+7.71%).

2024 Avg (September) 1265.0010
2023 Avg (September) 1174.4082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1203.1130 1162.1204 1186.1847
February 1197.9462 1153.1577 1174.4324
March 1199.2357 1166.1417 1181.8745
April 1204.2612 1160.5104 1179.8156
May 1231.7192 1195.6267 1212.0329
June 1245.8927 1170.4171 1209.4733
July 1241.3819 1206.8180 1221.9157
August 1263.1659 1199.7762 1235.8031
September 1297.2290 1239.6778 1265.0010
October 1288.6108 1256.8486 1267.8263
November 1278.4043 1220.9205 1242.9563
December 1261.7477 1181.2825 1222.8822