2023 JOD to NIO Historical Review

YEARLY HIGH

51.8940 NIO

YEARLY LOW

50.8031 NIO

YEARLY AVERAGE

51.5384 NIO

2023 JOD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 51.8940. Conversely, the yearly low was recorded on March 18, dropping to 50.8031.

This high-to-low spread represents a total annual volatility of 1.0909 NIO. From a start-to-finish perspective, comparing the January average rate of 51.4209 to the December average rate of 51.6867, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 51.8940 was down 1.38% compared to the 2022 peak of 52.6193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 259,470 NIO

2022 Average 252,936 NIO

Yearly Trough Low 254,015 NIO

Transaction Impact: A difference of 5,454.67 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

51.7133

51.3944

JanuMarcMayJulySeptNove

JOD 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 51.4689, compared to 51.6078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1389 points.

H1 Avg (Jan–Jun) 51.4689

H2 Avg (Jul–Dec) 51.6078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.8083 NIO (High: 51.6114 / Low: 50.8031). On the other end, May was the most stable month, with a tight range of 0.2375 NIO (High: 51.6487 / Low: 51.4111).

March Spread (Volatile) ±0.8083

May Spread (Stable) ±0.2375

Growth Streaks & Declines

Trends

Between January and June, 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 0.0559 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 51.6737) against the same month in 2022 (average: 50.7396), the exchange rate shifted by +0.9340 (+1.84%).

2023 Avg (August) 51.6737

2022 Avg (August) 50.7396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.5405	51.2900	51.4209
February	51.8376	51.1740	51.4355
March	51.6114	50.8031	51.4421
April	51.5812	50.9995	51.4779
May	51.6487	51.4111	51.5083
June	51.7161	51.2891	51.5288
July	51.6303	51.2243	51.5123
August	51.8940	51.5707	51.6737
September	51.7306	51.4159	51.6177
October	51.6566	51.3323	51.5636
November	51.8469	51.2906	51.5930
December	51.8535	51.5793	51.6867