YEARLY HIGH
0.0043 NIO
YEARLY LOW
0.0041 NIO
YEARLY AVERAGE
0.0042 NIO

2023 GNF to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0043. Conversely, the yearly low was recorded on March 4, dropping to 0.0041.

This high-to-low spread represents a total annual volatility of 0.0002 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0043, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0043 was up 1.37% compared to the 2022 peak of 0.0042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21 NIO
2022 Average 20 NIO
Yearly Trough Low 21 NIO
Transaction Impact: A difference of 0.80 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0043
0.0042
JanuMarcMayJulySeptNove

GNF 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 0.0042, compared to 0.0043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0043

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0001 NIO (High: 0.0043 / Low: 0.0041). On the other end, October was the most stable month, with a tight range of 0.0000 NIO (High: 0.0043 / Low: 0.0042).

February Spread (Volatile) ±0.0001
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0043) against the same month in 2022 (average: 0.0042), the exchange rate shifted by +0.0001 (+1.68%).

2023 Avg (December) 0.0043
2022 Avg (December) 0.0042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0042 0.0041 0.0042
February 0.0043 0.0041 0.0042
March 0.0043 0.0041 0.0042
April 0.0043 0.0042 0.0042
May 0.0043 0.0042 0.0042
June 0.0043 0.0042 0.0042
July 0.0043 0.0042 0.0042
August 0.0043 0.0042 0.0042
September 0.0043 0.0042 0.0043
October 0.0043 0.0042 0.0043
November 0.0043 0.0042 0.0043
December 0.0043 0.0043 0.0043