2023 FJD to NIO Historical Review

YEARLY HIGH

16.9842 NIO

YEARLY LOW

15.8841 NIO

YEARLY AVERAGE

16.3977 NIO

2023 FJD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 16.9842. Conversely, the yearly low was recorded on November 13, dropping to 15.8841.

This high-to-low spread represents a total annual volatility of 1.1001 NIO. From a start-to-finish perspective, comparing the January average rate of 16.7496 to the December average rate of 16.5527, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.9842 was down 3.69% compared to the 2022 peak of 17.6355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84,921 NIO

2022 Average 81,990 NIO

Yearly Trough Low 79,421 NIO

Transaction Impact: A difference of 5,500.46 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.8211

15.9631

JanuMarcMayJulySeptNove

FJD 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 16.5316, compared to 16.2638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2678 points.

H1 Avg (Jan–Jun) 16.5316

H2 Avg (Jul–Dec) 16.2638

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6016 NIO (High: 16.4857 / Low: 15.8841). On the other end, October was the most stable month, with a tight range of 0.2820 NIO (High: 16.2185 / Low: 15.9366).

November Spread (Volatile) ±0.6016

October Spread (Stable) ±0.2820

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.2551 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2551

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 16.7496) against the same month in 2022 (average: 16.6343), the exchange rate shifted by +0.1154 (+0.69%).

2023 Avg (January) 16.7496

2022 Avg (January) 16.6343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.9842	16.4169	16.7496
February	16.9152	16.3926	16.6335
March	16.5795	16.2673	16.4555
April	16.6565	16.2705	16.5004
May	16.6825	16.2312	16.4258
June	16.6516	16.1706	16.4246
July	16.7742	16.2363	16.4725
August	16.4970	15.9202	16.2174
September	16.1990	15.9160	16.1071
October	16.2185	15.9366	16.0346
November	16.4857	15.8841	16.1984
December	16.7332	16.3590	16.5527