2023 DOP to NIO Historical Review

YEARLY HIGH

0.6716 NIO

YEARLY LOW

0.6311 NIO

YEARLY AVERAGE

0.6530 NIO

2023 DOP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DOP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.6716. Conversely, the yearly low was recorded on December 30, dropping to 0.6311.

This high-to-low spread represents a total annual volatility of 0.0406 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6446 to the December average rate of 0.6396, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6716 was down 1.37% compared to the 2022 peak of 0.6810, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,358 NIO

2022 Average 3,265 NIO

Yearly Trough Low 3,155 NIO

Transaction Impact: A difference of 202.79 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6732

0.6366

JanuMarcMayJulySeptNove

DOP 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 0.6604, compared to 0.6456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.6604

H2 Avg (Jul–Dec) 0.6456

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0179 NIO (High: 0.6572 / Low: 0.6393). On the other end, September was the most stable month, with a tight range of 0.0029 NIO (High: 0.6454 / Low: 0.6426).

February Spread (Volatile) ±0.0179

September Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0115 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.6701) against the same month in 2022 (average: 0.6492), the exchange rate shifted by +0.0210 (+3.23%).

2023 Avg (May) 0.6701

2022 Avg (May) 0.6492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6488	0.6414	0.6446
February	0.6572	0.6393	0.6496
March	0.6678	0.6560	0.6642
April	0.6710	0.6656	0.6676
May	0.6716	0.6685	0.6701
June	0.6710	0.6608	0.6662
July	0.6634	0.6495	0.6547
August	0.6529	0.6438	0.6461
September	0.6454	0.6426	0.6445
October	0.6458	0.6419	0.6440
November	0.6518	0.6430	0.6448
December	0.6467	0.6311	0.6396