YEARLY HIGH
0.2847 NIO
YEARLY LOW
0.2407 NIO
YEARLY AVERAGE
0.2608 NIO

2023 JPY to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.2847. Conversely, the yearly low was recorded on November 11, dropping to 0.2407.

This high-to-low spread represents a total annual volatility of 0.0440 NIO. From a start-to-finish perspective, comparing the January average rate of 0.2803 to the December average rate of 0.2553, the exchange rate registered a net change of -8.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2847 was down 10.30% compared to the 2022 peak of 0.3174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 142,363 NIO
2022 Average 137,287 NIO
Yearly Trough Low 120,345 NIO
Transaction Impact: A difference of 22,017.98 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2839
0.2407
JanuMarcMayJulySeptNove

JPY 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 0.2710, compared to 0.2505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 0.2710
H2 Avg (Jul–Dec) 0.2505

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0175 NIO (High: 0.2841 / Low: 0.2666). On the other end, October was the most stable month, with a tight range of 0.0046 NIO (High: 0.2466 / Low: 0.2420).

February Spread (Volatile) ±0.0175
October Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0076 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2803) against the same month in 2022 (average: 0.3085), the exchange rate shifted by -0.0283 (-9.16%).

2023 Avg (January) 0.2803
2022 Avg (January) 0.3085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2847 0.2736 0.2803
February 0.2841 0.2666 0.2740
March 0.2800 0.2657 0.2733
April 0.2793 0.2652 0.2734
May 0.2728 0.2595 0.2663
June 0.2635 0.2525 0.2587
July 0.2647 0.2517 0.2588
August 0.2582 0.2497 0.2527
September 0.2503 0.2448 0.2475
October 0.2466 0.2420 0.2446
November 0.2499 0.2407 0.2443
December 0.2600 0.2486 0.2553