2023 XCD to NAD Historical Review

YEARLY HIGH

7.4744 NAD

YEARLY LOW

6.2219 NAD

YEARLY AVERAGE

6.8452 NAD

2023 XCD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 7.4744. Conversely, the yearly low was recorded on January 12, dropping to 6.2219.

This high-to-low spread represents a total annual volatility of 1.2525 NAD. From a start-to-finish perspective, comparing the January average rate of 6.3198 to the December average rate of 6.9140, 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 7.4744 was up 9.60% compared to the 2022 peak of 6.8195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37,372 NAD

2022 Average 30,174 NAD

Yearly Trough Low 31,110 NAD

Transaction Impact: A difference of 6,262.60 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

7.2063

6.2392

JanuMarcMayJulySeptNove

XCD 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 6.7365, compared to 6.9539 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2174 points.

H1 Avg (Jan–Jun) 6.7365

H2 Avg (Jul–Dec) 6.9539

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6734 NAD (High: 7.4078 / Low: 6.7344). On the other end, January was the most stable month, with a tight range of 0.1721 NAD (High: 6.3940 / Low: 6.2219).

November Spread (Volatile) ±0.6734

January Spread (Stable) ±0.1721

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 0.1880 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1880

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 7.1257) against the same month in 2022 (average: 6.6986), the exchange rate shifted by +0.4271 (+6.38%).

2023 Avg (October) 7.1257

2022 Avg (October) 6.6986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.3940	6.2219	6.3198
February	6.8158	6.3089	6.6162
March	6.8824	6.6160	6.7632
April	6.8528	6.5605	6.7257
May	7.2968	6.7603	7.0625
June	7.2968	6.7270	6.9317
July	6.9749	6.5235	6.7519
August	7.3375	6.7640	6.9735
September	7.1118	6.9379	7.0206
October	7.4744	6.9453	7.1257
November	7.4078	6.7344	6.9378
December	7.0637	6.7640	6.9140