2023 ETB to NIO Historical Review

YEARLY HIGH

0.6814 NIO

YEARLY LOW

0.6499 NIO

YEARLY AVERAGE

0.6679 NIO

2023 ETB to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.6814. Conversely, the yearly low was recorded on December 30, dropping to 0.6499.

This high-to-low spread represents a total annual volatility of 0.0315 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6801 to the December average rate of 0.6529, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6814 was down 6.72% compared to the 2022 peak of 0.7304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,407 NIO

2022 Average 3,454 NIO

Yearly Trough Low 3,249 NIO

Transaction Impact: A difference of 157.40 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6828

0.6502

JanuMarcMayJulySeptNove

ETB 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 0.6758, compared to 0.6600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.6758

H2 Avg (Jul–Dec) 0.6600

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0102 NIO (High: 0.6601 / Low: 0.6499). On the other end, September was the most stable month, with a tight range of 0.0027 NIO (High: 0.6640 / Low: 0.6613).

December Spread (Volatile) ±0.0102

September Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0049 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6801) against the same month in 2022 (average: 0.7145), the exchange rate shifted by -0.0344 (-4.81%).

2023 Avg (January) 0.6801

2022 Avg (January) 0.7145

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6814	0.6766	0.6801
February	0.6809	0.6761	0.6794
March	0.6812	0.6769	0.6790
April	0.6786	0.6710	0.6741
May	0.6751	0.6698	0.6721
June	0.6726	0.6668	0.6697
July	0.6700	0.6637	0.6663
August	0.6690	0.6623	0.6642
September	0.6640	0.6613	0.6624
October	0.6620	0.6533	0.6578
November	0.6606	0.6515	0.6565
December	0.6601	0.6499	0.6529