2023 BHD to NIO Historical Review

YEARLY HIGH

97.8006 NIO

YEARLY LOW

96.4199 NIO

YEARLY AVERAGE

96.9992 NIO

2023 BHD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BHD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 97.8006. Conversely, the yearly low was recorded on February 2, dropping to 96.4199.

This high-to-low spread represents a total annual volatility of 1.3808 NIO. From a start-to-finish perspective, comparing the January average rate of 96.7804 to the December average rate of 97.2477, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 97.8006 was down 1.21% compared to the 2022 peak of 99.0001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 489,003 NIO

2022 Average 475,710 NIO

Yearly Trough Low 482,099 NIO

Transaction Impact: A difference of 6,903.83 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

97.2944

96.7336

JanuMarcMayJulySeptNove

BHD 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 96.9199, compared to 97.0785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1586 points.

H1 Avg (Jan–Jun) 96.9199

H2 Avg (Jul–Dec) 97.0785

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.3808 NIO (High: 97.8006 / Low: 96.4199). On the other end, April was the most stable month, with a tight range of 0.4074 NIO (High: 97.1290 / Low: 96.7216).

February Spread (Volatile) ±1.3808

April Spread (Stable) ±0.4074

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 0.0414 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 96.8850) against the same month in 2022 (average: 94.0991), the exchange rate shifted by +2.7859 (+2.96%).

2023 Avg (February) 96.8850

2022 Avg (February) 94.0991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	97.0009	96.4976	96.7804
February	97.8006	96.4199	96.8850
March	97.2845	96.5115	96.9066
April	97.1290	96.7216	96.9421
May	97.4014	96.8111	96.9736
June	97.4325	96.8309	97.0320
July	97.1368	96.6763	96.9906
August	97.2985	96.8621	97.0303
September	97.2644	96.7396	97.0517
October	97.2025	96.4226	97.0372
November	97.5070	96.5645	97.1136
December	97.5801	96.7072	97.2477