2023 BWP to NIO Historical Review

YEARLY HIGH

2.8809 NIO

YEARLY LOW

2.6345 NIO

YEARLY AVERAGE

2.7383 NIO

2023 BWP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BWP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 2.8809. Conversely, the yearly low was recorded on October 5, dropping to 2.6345.

This high-to-low spread represents a total annual volatility of 0.2464 NIO. From a start-to-finish perspective, comparing the January average rate of 2.8558 to the December average rate of 2.7151, the exchange rate registered a net change of -4.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8809 was down 10.73% compared to the 2022 peak of 3.2272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,404 NIO

2022 Average 14,533 NIO

Yearly Trough Low 13,172 NIO

Transaction Impact: A difference of 1,231.86 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8751

2.6440

JanuMarcMayJulySeptNove

BWP 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 2.7704, compared to 2.7063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0640 points.

H1 Avg (Jan–Jun) 2.7704

H2 Avg (Jul–Dec) 2.7063

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1359 NIO (High: 2.8684 / Low: 2.7324). On the other end, November was the most stable month, with a tight range of 0.0492 NIO (High: 2.7338 / Low: 2.6846).

February Spread (Volatile) ±0.1359

November Spread (Stable) ±0.0492

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0689 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.8558) against the same month in 2022 (average: 3.0525), the exchange rate shifted by -0.1967 (-6.44%).

2023 Avg (January) 2.8558

2022 Avg (January) 3.0525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8809	2.8205	2.8558
February	2.8684	2.7324	2.7895
March	2.8114	2.7266	2.7612
April	2.8114	2.7587	2.7825
May	2.7749	2.6518	2.7135
June	2.7653	2.6518	2.7197
July	2.8158	2.6934	2.7600
August	2.7670	2.6824	2.7114
September	2.7096	2.6536	2.6804
October	2.6864	2.6345	2.6633
November	2.7338	2.6846	2.7078
December	2.7499	2.6717	2.7151