2023 FKP to NIO Historical Review

YEARLY HIGH

47.9849 NIO

YEARLY LOW

43.1662 NIO

YEARLY AVERAGE

45.4597 NIO

2023 FKP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FKP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 47.9849. Conversely, the yearly low was recorded on March 7, dropping to 43.1662.

This high-to-low spread represents a total annual volatility of 4.8188 NIO. From a start-to-finish perspective, comparing the January average rate of 44.6662 to the December average rate of 46.4447, the exchange rate registered a net change of 3.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 47.9849 was down 1.44% compared to the 2022 peak of 48.6846, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 239,925 NIO

2022 Average 221,770 NIO

Yearly Trough Low 215,831 NIO

Transaction Impact: A difference of 24,093.86 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.3534

43.7226

JanuMarcMayJulySeptNove

FKP 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 45.0399, compared to 45.8794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8395 points.

H1 Avg (Jan–Jun) 45.0399

H2 Avg (Jul–Dec) 45.8794

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.1386 NIO (High: 45.3047 / Low: 43.1662). On the other end, August was the most stable month, with a tight range of 0.8001 NIO (High: 46.7900 / Low: 45.9900).

March Spread (Volatile) ±2.1386

August Spread (Stable) ±0.8001

Growth Streaks & Declines

Trends

Between February and July, 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 August and September, when the average rate fell by 1.1556 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.1556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 47.0508) against the same month in 2022 (average: 43.0419), the exchange rate shifted by +4.0089 (+9.31%).

2023 Avg (July) 47.0508

2022 Avg (July) 43.0419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.3293	43.4328	44.6662
February	45.2610	43.4450	44.0252
March	45.3047	43.1662	44.3057
April	45.9410	44.8762	45.4493
May	46.1955	45.0041	45.5955
June	46.9538	45.3890	46.1975
July	47.9849	46.1383	47.0508
August	46.7900	45.9900	46.4673
September	46.2209	44.4040	45.3117
October	45.0988	44.2199	44.5208
November	46.6553	44.5366	45.4811
December	46.8986	45.9594	46.4447