2023 ARS to NIO Historical Review

YEARLY HIGH

0.2064 NIO

YEARLY LOW

0.0452 NIO

YEARLY AVERAGE

0.1399 NIO

2023 ARS to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2064. Conversely, the yearly low was recorded on December 31, dropping to 0.0452.

This high-to-low spread represents a total annual volatility of 0.1611 NIO. From a start-to-finish perspective, comparing the January average rate of 0.2004 to the December average rate of 0.0671, the exchange rate registered a net change of -66.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2064 was down 40.40% compared to the 2022 peak of 0.3462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,032 NIO

2022 Average 1,408 NIO

Yearly Trough Low 226 NIO

Transaction Impact: A difference of 805.62 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2138

0.0538

JanuMarcMayJulySeptNove

ARS 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 0.1744, compared to 0.1054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0690 points.

H1 Avg (Jan–Jun) 0.1744

H2 Avg (Jul–Dec) 0.1054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0566 NIO (High: 0.1019 / Low: 0.0452). On the other end, September was the most stable month, with a tight range of 0.0006 NIO (High: 0.1048 / Low: 0.1042).

December Spread (Volatile) ±0.0566

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0365 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2004) against the same month in 2022 (average: 0.3411), the exchange rate shifted by -0.1406 (-41.23%).

2023 Avg (January) 0.2004

2022 Avg (January) 0.3411

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2064	0.1954	0.2004
February	0.1955	0.1853	0.1903
March	0.1845	0.1754	0.1803
April	0.1755	0.1634	0.1698
May	0.1644	0.1527	0.1584
June	0.1522	0.1426	0.1474
July	0.1426	0.1329	0.1376
August	0.1324	0.1044	0.1151
September	0.1048	0.1042	0.1045
October	0.1048	0.1041	0.1045
November	0.1048	0.1015	0.1036
December	0.1019	0.0452	0.0671