YEARLY HIGH
36.7849 NIO
YEARLY LOW
36.0651 NIO
YEARLY AVERAGE
36.5523 NIO

2023 BMD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 36.7849. Conversely, the yearly low was recorded on March 18, dropping to 36.0651.

This high-to-low spread represents a total annual volatility of 0.7198 NIO. From a start-to-finish perspective, comparing the January average rate of 36.4792 to the December average rate of 36.6682, 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 36.7849 was down 1.40% compared to the 2022 peak of 37.3071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,924 NIO
2022 Average 179,348 NIO
Yearly Trough Low 180,326 NIO
Transaction Impact: A difference of 3,598.90 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.6871
36.4603
JanuMarcMayJulySeptNove

BMD 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 36.5142, compared to 36.5904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0762 points.

H1 Avg (Jan–Jun) 36.5142
H2 Avg (Jul–Dec) 36.5904

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.5480 NIO (High: 36.6131 / Low: 36.0651). On the other end, May was the most stable month, with a tight range of 0.1685 NIO (High: 36.6447 / Low: 36.4762).

March Spread (Volatile) ±0.5480
May Spread (Stable) ±0.1685

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 0.0223 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 36.6682) against the same month in 2022 (average: 36.4566), the exchange rate shifted by +0.2116 (+0.58%).

2023 Avg (December) 36.6682
2022 Avg (December) 36.4566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.5577 36.3800 36.4792
February 36.7736 36.3335 36.4920
March 36.6131 36.0651 36.4982
April 36.5917 36.1790 36.5174
May 36.6447 36.4762 36.5432
June 36.6823 36.3896 36.5550
July 36.5997 36.3437 36.5327
August 36.7306 36.5017 36.5853
September 36.6693 36.4641 36.5787
October 36.6515 36.4254 36.5810
November 36.7750 36.3805 36.5965
December 36.7849 36.5903 36.6682