YEARLY HIGH
21.0380 NIO
YEARLY LOW
19.5030 NIO
YEARLY AVERAGE
20.2199 NIO

2023 BAM to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 21.0380. Conversely, the yearly low was recorded on January 7, dropping to 19.5030.

This high-to-low spread represents a total annual volatility of 1.5350 NIO. From a start-to-finish perspective, comparing the January average rate of 20.0720 to the December average rate of 20.4653, the exchange rate registered a net change of 1.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.0380 was down 0.01% compared to the 2022 peak of 21.0409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,190 NIO
2022 Average 96,629 NIO
Yearly Trough Low 97,515 NIO
Transaction Impact: A difference of 7,675.06 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.7458
19.6785
JanuMarcMayJulySeptNove

BAM 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 20.1844, compared to 20.2554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0710 points.

H1 Avg (Jan–Jun) 20.1844
H2 Avg (Jul–Dec) 20.2554

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.8908 NIO (High: 20.6469 / Low: 19.7561). On the other end, October was the most stable month, with a tight range of 0.3498 NIO (High: 19.9533 / Low: 19.6035).

November Spread (Volatile) ±0.8908
October Spread (Stable) ±0.3498

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4129 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 20.6568) against the same month in 2022 (average: 18.6907), the exchange rate shifted by +1.9661 (+10.52%).

2023 Avg (July) 20.6568
2022 Avg (July) 18.6907

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.3569 19.5030 20.0720
February 20.4530 19.6899 19.9893
March 20.3700 19.7055 19.9772
April 20.6915 20.3250 20.4906
May 20.6667 20.0378 20.3225
June 20.5705 19.9610 20.2546
July 21.0380 20.2986 20.6568
August 20.6319 20.2015 20.4152
September 20.2935 19.7132 20.0023
October 19.9533 19.6035 19.7674
November 20.6469 19.7561 20.2253
December 20.7490 20.1502 20.4653