2023 CVE to NIO Historical Review

YEARLY HIGH

0.3732 NIO

YEARLY LOW

0.3466 NIO

YEARLY AVERAGE

0.3581 NIO

2023 CVE to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.3732. Conversely, the yearly low was recorded on October 6, dropping to 0.3466.

This high-to-low spread represents a total annual volatility of 0.0266 NIO. From a start-to-finish perspective, comparing the January average rate of 0.3560 to the December average rate of 0.3625, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3732 was up 1.33% compared to the 2022 peak of 0.3683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,866 NIO

2022 Average 1,710 NIO

Yearly Trough Low 1,733 NIO

Transaction Impact: A difference of 132.99 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3676

0.3485

JanuMarcMayJulySeptNove

CVE 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 0.3574, compared to 0.3588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.3574

H2 Avg (Jul–Dec) 0.3588

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0159 NIO (High: 0.3655 / Low: 0.3496). On the other end, October was the most stable month, with a tight range of 0.0065 NIO (High: 0.3530 / Low: 0.3466).

November Spread (Volatile) ±0.0159

October Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0076 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3660) against the same month in 2022 (average: 0.3333), the exchange rate shifted by +0.0327 (+9.82%).

2023 Avg (July) 0.3660

2022 Avg (July) 0.3333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3605	0.3478	0.3560
February	0.3622	0.3489	0.3541
March	0.3608	0.3489	0.3541
April	0.3669	0.3597	0.3627
May	0.3651	0.3533	0.3595
June	0.3631	0.3487	0.3583
July	0.3732	0.3595	0.3660
August	0.3660	0.3584	0.3618
September	0.3600	0.3492	0.3542
October	0.3530	0.3466	0.3501
November	0.3655	0.3496	0.3580
December	0.3677	0.3545	0.3625