2023 BBD to NIO Historical Review

YEARLY HIGH

18.3924 NIO

YEARLY LOW

18.0326 NIO

YEARLY AVERAGE

18.2761 NIO

2023 BBD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 18.3924. Conversely, the yearly low was recorded on March 18, dropping to 18.0326.

This high-to-low spread represents a total annual volatility of 0.3599 NIO. From a start-to-finish perspective, comparing the January average rate of 18.2396 to the December average rate of 18.3341, 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 18.3924 was down 1.40% compared to the 2022 peak of 18.6535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,962 NIO

2022 Average 89,674 NIO

Yearly Trough Low 90,163 NIO

Transaction Impact: A difference of 1,799.45 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.3436

18.2301

JanuMarcMayJulySeptNove

BBD 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 18.2571, compared to 18.2952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0381 points.

H1 Avg (Jan–Jun) 18.2571

H2 Avg (Jul–Dec) 18.2952

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2740 NIO (High: 18.3066 / Low: 18.0326). On the other end, May was the most stable month, with a tight range of 0.0843 NIO (High: 18.3224 / Low: 18.2381).

March Spread (Volatile) ±0.2740

May Spread (Stable) ±0.0843

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 0.0112 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 18.3341) against the same month in 2022 (average: 18.2283), the exchange rate shifted by +0.1058 (+0.58%).

2023 Avg (December) 18.3341

2022 Avg (December) 18.2283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2788	18.1900	18.2396
February	18.3868	18.1668	18.2460
March	18.3066	18.0326	18.2491
April	18.2958	18.0895	18.2587
May	18.3224	18.2381	18.2716
June	18.3411	18.1948	18.2775
July	18.2999	18.1718	18.2664
August	18.3653	18.2509	18.2926
September	18.3347	18.2321	18.2894
October	18.3257	18.2127	18.2905
November	18.3875	18.1902	18.2982
December	18.3924	18.2952	18.3341