2023 BIF to NIO Historical Review

YEARLY HIGH

0.0177 NIO

YEARLY LOW

0.0128 NIO

YEARLY AVERAGE

0.0147 NIO

2023 BIF to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.0177. Conversely, the yearly low was recorded on October 6, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0049 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0129, the exchange rate registered a net change of -27.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0177 was down 3.30% compared to the 2022 peak of 0.0183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89 NIO

2022 Average 88 NIO

Yearly Trough Low 64 NIO

Transaction Impact: A difference of 24.62 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0181

0.0124

JanuMarcMayJulySeptNove

BIF 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 0.0165, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0165

H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0046 NIO (High: 0.0176 / Low: 0.0129). On the other end, April was the most stable month, with a tight range of 0.0001 NIO (High: 0.0176 / Low: 0.0175).

May Spread (Volatile) ±0.0046

April Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0027 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0176) against the same month in 2022 (average: 0.0177), the exchange rate shifted by -0.0001 (-0.37%).

2023 Avg (January) 0.0176

2022 Avg (January) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0177	0.0176	0.0176
February	0.0177	0.0175	0.0176
March	0.0176	0.0175	0.0176
April	0.0176	0.0175	0.0176
May	0.0176	0.0129	0.0156
June	0.0130	0.0129	0.0129
July	0.0130	0.0129	0.0129
August	0.0130	0.0129	0.0129
September	0.0129	0.0129	0.0129
October	0.0129	0.0128	0.0129
November	0.0130	0.0128	0.0129
December	0.0129	0.0128	0.0129