2023 IQD to NIO Historical Review

YEARLY HIGH

0.0282 NIO

YEARLY LOW

0.0248 NIO

YEARLY AVERAGE

0.0270 NIO

2023 IQD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0282. Conversely, the yearly low was recorded on April 30, dropping to 0.0248.

This high-to-low spread represents a total annual volatility of 0.0035 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0250 to the December average rate of 0.0280, the exchange rate registered a net change of 11.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0282 was up 10.40% compared to the 2022 peak of 0.0256, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141 NIO

2022 Average 123 NIO

Yearly Trough Low 124 NIO

Transaction Impact: A difference of 17.39 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0283

0.0247

JanuMarcMayJulySeptNove

IQD 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 0.0260, compared to 0.0279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0260

H2 Avg (Jul–Dec) 0.0279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0030 NIO (High: 0.0280 / Low: 0.0250). On the other end, September was the most stable month, with a tight range of 0.0001 NIO (High: 0.0280 / Low: 0.0279).

May Spread (Volatile) ±0.0030

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and August, 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 November and December, 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 (November 2023: 0.0280) against the same month in 2022 (average: 0.0247), the exchange rate shifted by +0.0033 (+13.43%).

2023 Avg (November) 0.0280

2022 Avg (November) 0.0247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0250	0.0249	0.0250
February	0.0252	0.0248	0.0250
March	0.0251	0.0249	0.0250
April	0.0277	0.0248	0.0252
May	0.0280	0.0250	0.0277
June	0.0281	0.0278	0.0279
July	0.0281	0.0279	0.0279
August	0.0281	0.0277	0.0279
September	0.0280	0.0279	0.0279
October	0.0280	0.0279	0.0279
November	0.0282	0.0279	0.0280
December	0.0281	0.0279	0.0280