2023 AZN to NIO Historical Review

YEARLY HIGH

21.6382 NIO

YEARLY LOW

21.2148 NIO

YEARLY AVERAGE

21.5002 NIO

2023 AZN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 21.6382. Conversely, the yearly low was recorded on March 18, dropping to 21.2148.

This high-to-low spread represents a total annual volatility of 0.4234 NIO. From a start-to-finish perspective, comparing the January average rate of 21.4581 to the December average rate of 21.5695, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.6382 was down 1.40% compared to the 2022 peak of 21.9453, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108,191 NIO

2022 Average 105,500 NIO

Yearly Trough Low 106,074 NIO

Transaction Impact: A difference of 2,117.00 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.5807

21.4470

JanuMarcMayJulySeptNove

AZN 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 21.4778, compared to 21.5227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0449 points.

H1 Avg (Jan–Jun) 21.4778

H2 Avg (Jul–Dec) 21.5227

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3221 NIO (High: 21.5369 / Low: 21.2148). On the other end, May was the most stable month, with a tight range of 0.0991 NIO (High: 21.5557 / Low: 21.4566).

March Spread (Volatile) ±0.3221

May Spread (Stable) ±0.0991

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0131 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 21.5695) against the same month in 2022 (average: 21.4451), the exchange rate shifted by +0.1245 (+0.58%).

2023 Avg (December) 21.5695

2022 Avg (December) 21.4451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.5045	21.4000	21.4581
February	21.6315	21.3727	21.4659
March	21.5369	21.2148	21.4651
April	21.5245	21.2818	21.4808
May	21.5557	21.4566	21.4960
June	21.5778	21.4056	21.5007
July	21.5292	21.3783	21.4876
August	21.6062	21.4716	21.5208
September	21.5702	21.4495	21.5169
October	21.5597	21.4267	21.5183
November	21.6324	21.3853	21.5229
December	21.6382	21.5237	21.5695