2023 BND to NIO Historical Review

YEARLY HIGH

27.8789 NIO

YEARLY LOW

26.6166 NIO

YEARLY AVERAGE

27.2300 NIO

2023 BND to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 27.8789. Conversely, the yearly low was recorded on October 21, dropping to 26.6166.

This high-to-low spread represents a total annual volatility of 1.2623 NIO. From a start-to-finish perspective, comparing the January average rate of 27.4931 to the December average rate of 27.5231, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 27.8789 was up 1.43% compared to the 2022 peak of 27.4862, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 139,394 NIO

2022 Average 130,115 NIO

Yearly Trough Low 133,083 NIO

Transaction Impact: A difference of 6,311.61 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

27.6027

26.6472

JanuMarcMayJulySeptNove

BND 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 27.3416, compared to 27.1184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2231 points.

H1 Avg (Jan–Jun) 27.3416

H2 Avg (Jul–Dec) 27.1184

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.8737 NIO (High: 27.8384 / Low: 26.9647). On the other end, October was the most stable month, with a tight range of 0.2405 NIO (High: 26.8571 / Low: 26.6166).

January Spread (Volatile) ±0.8737

October Spread (Stable) ±0.2405

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2872 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2872

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 27.4007) against the same month in 2022 (average: 26.3445), the exchange rate shifted by +1.0562 (+4.01%).

2023 Avg (February) 27.4007

2022 Avg (February) 26.3445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.8384	26.9647	27.4931
February	27.8789	27.0166	27.4007
March	27.5695	26.9952	27.2430
April	27.6047	27.3271	27.4534
May	27.6205	26.9890	27.2950
June	27.3694	26.9333	27.1642
July	27.6979	26.9333	27.3774
August	27.4390	26.9116	27.0903
September	27.1014	26.6653	26.8503
October	26.8571	26.6166	26.7268
November	27.5956	26.7278	27.1427
December	27.7421	27.2545	27.5231