2023 CRC to NIO Historical Review

YEARLY HIGH

0.0704 NIO

YEARLY LOW

0.0615 NIO

YEARLY AVERAGE

0.0675 NIO

2023 CRC to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0704. Conversely, the yearly low was recorded on January 7, dropping to 0.0615.

This high-to-low spread represents a total annual volatility of 0.0089 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0635 to the December average rate of 0.0698, the exchange rate registered a net change of 9.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0704 was up 12.23% compared to the 2022 peak of 0.0628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 352 NIO

2022 Average 279 NIO

Yearly Trough Low 308 NIO

Transaction Impact: A difference of 44.51 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0705

0.0629

JanuMarcMayJulySeptNove

CRC 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 0.0665, compared to 0.0686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0665

H2 Avg (Jul–Dec) 0.0686

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0046 NIO (High: 0.0662 / Low: 0.0615). On the other end, June was the most stable month, with a tight range of 0.0008 NIO (High: 0.0681 / Low: 0.0673).

January Spread (Volatile) ±0.0046

June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and December, 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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0698) against the same month in 2022 (average: 0.0618), the exchange rate shifted by +0.0080 (+12.92%).

2023 Avg (December) 0.0698

2022 Avg (December) 0.0618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0662	0.0615	0.0635
February	0.0663	0.0627	0.0646
March	0.0678	0.0651	0.0669
April	0.0688	0.0674	0.0682
May	0.0685	0.0673	0.0680
June	0.0681	0.0673	0.0677
July	0.0683	0.0667	0.0676
August	0.0686	0.0671	0.0680
September	0.0691	0.0679	0.0683
October	0.0691	0.0683	0.0688
November	0.0694	0.0686	0.0690
December	0.0704	0.0692	0.0698