YEARLY HIGH
0.0242 NIO
YEARLY LOW
0.0024 NIO
YEARLY AVERAGE
0.0046 NIO

2023 LBP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0242. Conversely, the yearly low was recorded on February 6, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0219 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0241 to the December average rate of 0.0024, the exchange rate registered a net change of -89.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0242 was down 1.89% compared to the 2022 peak of 0.0247, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121 NIO
2022 Average 118 NIO
Yearly Trough Low 12 NIO
Transaction Impact: A difference of 109.26 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0262
0.0003
JanuMarcMayJulySeptNove

LBP 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 0.0067, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0219 NIO (High: 0.0242 / Low: 0.0024). On the other end, October was the most stable month, with a tight range of 0.0000 NIO (High: 0.0024 / Low: 0.0024).

February Spread (Volatile) ±0.0219
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and November, 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 January and February, when the average rate fell by 0.0178 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0063) against the same month in 2022 (average: 0.0234), the exchange rate shifted by -0.0171 (-73.13%).

2023 Avg (February) 0.0063
2022 Avg (February) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0242 0.0239 0.0241
February 0.0242 0.0024 0.0063
March 0.0024 0.0024 0.0024
April 0.0024 0.0024 0.0024
May 0.0024 0.0024 0.0024
June 0.0024 0.0024 0.0024
July 0.0024 0.0024 0.0024
August 0.0024 0.0024 0.0024
September 0.0024 0.0024 0.0024
October 0.0024 0.0024 0.0024
November 0.0025 0.0024 0.0024
December 0.0024 0.0024 0.0024