2023 NIO to PHP Historical Review

YEARLY HIGH

1.5661 PHP

YEARLY LOW

1.4593 PHP

YEARLY AVERAGE

1.5215 PHP

2023 NIO to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 1.5661. Conversely, the yearly low was recorded on February 5, dropping to 1.4593.

This high-to-low spread represents a total annual volatility of 0.1068 PHP. From a start-to-finish perspective, comparing the January average rate of 1.5059 to the December average rate of 1.5141, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5661 was down 5.39% compared to the 2022 peak of 1.6553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,830 PHP

2022 Average 7,597 PHP

Yearly Trough Low 7,296 PHP

Transaction Impact: A difference of 534.08 PHP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

1.5579

1.4943

JanuMarcMayJulySeptNove

NIO to PHP 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 1.5124, compared to 1.5306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 1.5124

H2 Avg (Jul–Dec) 1.5306

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0689 PHP (High: 1.5282 / Low: 1.4593). On the other end, October was the most stable month, with a tight range of 0.0154 PHP (High: 1.5606 / Low: 1.5452).

February Spread (Volatile) ±0.0689

October Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0297 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 1.5526) against the same month in 2022 (average: 1.6049), the exchange rate shifted by -0.0523 (-3.26%).

2023 Avg (September) 1.5526

2022 Avg (September) 1.6049

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	1.5344	1.4895	1.5059
February	1.5282	1.4593	1.5032
March	1.5176	1.4805	1.4996
April	1.5400	1.4844	1.5131
May	1.5414	1.5135	1.5261
June	1.5403	1.5086	1.5267
July	1.5280	1.4867	1.5029
August	1.5549	1.5013	1.5390
September	1.5661	1.5449	1.5526
October	1.5606	1.5452	1.5522
November	1.5473	1.5055	1.5225
December	1.5242	1.5055	1.5141

2023 NIO থেকে PHP-এর ঐতিহাসিক পর্যালোচনা