YEARLY HIGH
10.0159 NIO
YEARLY LOW
9.8192 NIO
YEARLY AVERAGE
9.9521 NIO

2023 AED to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 10.0159. Conversely, the yearly low was recorded on March 18, dropping to 9.8192.

This high-to-low spread represents a total annual volatility of 0.1967 NIO. From a start-to-finish perspective, comparing the January average rate of 9.9318 to the December average rate of 9.9844, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.0159 was down 1.39% compared to the 2022 peak of 10.1571, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,080 NIO
2022 Average 48,829 NIO
Yearly Trough Low 49,096 NIO
Transaction Impact: A difference of 983.44 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.9897
9.9265
JanuMarcMayJulySeptNove

AED to NIO 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 9.9420, compared to 9.9622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 9.9420
H2 Avg (Jul–Dec) 9.9622

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1505 NIO (High: 9.9698 / Low: 9.8192). On the other end, May was the most stable month, with a tight range of 0.0457 NIO (High: 9.9789 / Low: 9.9332).

March Spread (Volatile) ±0.1505
May Spread (Stable) ±0.0457

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0062 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 9.9844) against the same month in 2022 (average: 9.9261), the exchange rate shifted by +0.0584 (+0.59%).

2023 Avg (December) 9.9844
2022 Avg (December) 9.9261

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9531 9.9050 9.9318
February 10.0118 9.8921 9.9352
March 9.9698 9.8192 9.9377
April 9.9637 9.8527 9.9438
May 9.9789 9.9332 9.9513
June 9.9872 9.9073 9.9524
July 9.9646 9.8947 9.9463
August 10.0002 9.9378 9.9605
September 9.9834 9.9279 9.9588
October 9.9785 9.9170 9.9594
November 10.0133 9.9048 9.9641
December 10.0159 9.9638 9.9844