2023 BZD to NIO Historical Review

YEARLY HIGH

18.3056 NIO

YEARLY LOW

18.0327 NIO

YEARLY AVERAGE

18.1434 NIO

2023 BZD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 18.3056. Conversely, the yearly low was recorded on January 7, dropping to 18.0327.

This high-to-low spread represents a total annual volatility of 0.2729 NIO. From a start-to-finish perspective, comparing the January average rate of 18.0974 to the December average rate of 18.1725, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 18.3056 was down 1.27% compared to the 2022 peak of 18.5413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,528 NIO

2022 Average 88,983 NIO

Yearly Trough Low 90,164 NIO

Transaction Impact: A difference of 1,364.40 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

18.1853

18.0894

JanuMarcMayJulySeptNove

BZD 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 18.1271, compared to 18.1596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 18.1271

H2 Avg (Jul–Dec) 18.1596

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1956 NIO (High: 18.3056 / Low: 18.1100). On the other end, September was the most stable month, with a tight range of 0.0435 NIO (High: 18.1718 / Low: 18.1283).

July Spread (Volatile) ±0.1956

September Spread (Stable) ±0.0435

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0173 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 18.1457) against the same month in 2022 (average: 17.7836), the exchange rate shifted by +0.3621 (+2.04%).

2023 Avg (July) 18.1457

2022 Avg (July) 17.7836

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.1283	18.0327	18.0974
February	18.1948	18.0348	18.1018
March	18.2427	18.0507	18.1522
April	18.1884	18.0993	18.1349
May	18.1769	18.1051	18.1381
June	18.1649	18.1049	18.1382
July	18.3056	18.1100	18.1457
August	18.2393	18.1345	18.1502
September	18.1718	18.1283	18.1510
October	18.1954	18.1419	18.1611
November	18.2557	18.1319	18.1773
December	18.2517	18.1042	18.1725