2023 LRD to NIO Historical Review

YEARLY HIGH

0.2391 NIO

YEARLY LOW

0.1939 NIO

YEARLY AVERAGE

0.2105 NIO

2023 LRD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.2391. Conversely, the yearly low was recorded on November 18, dropping to 0.1939.

This high-to-low spread represents a total annual volatility of 0.0453 NIO. From a start-to-finish perspective, comparing the January average rate of 0.2348 to the December average rate of 0.1948, the exchange rate registered a net change of -17.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2391 was down 1.98% compared to the 2022 peak of 0.2440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,196 NIO

2022 Average 1,173 NIO

Yearly Trough Low 969 NIO

Transaction Impact: A difference of 226.27 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2388

0.1908

JanuMarcMayJulySeptNove

LRD 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 0.2249, compared to 0.1962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0287 points.

H1 Avg (Jan–Jun) 0.2249

H2 Avg (Jul–Dec) 0.1962

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0142 NIO (High: 0.2381 / Low: 0.2239). On the other end, October was the most stable month, with a tight range of 0.0011 NIO (High: 0.1963 / Low: 0.1952).

March Spread (Volatile) ±0.0142

October Spread (Stable) ±0.0011

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 June and July, when the average rate fell by 0.0105 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.2333) against the same month in 2022 (average: 0.2308), the exchange rate shifted by +0.0025 (+1.07%).

2023 Avg (February) 0.2333

2022 Avg (February) 0.2308

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2376	0.2322	0.2348
February	0.2391	0.2298	0.2333
March	0.2381	0.2239	0.2289
April	0.2255	0.2189	0.2239
May	0.2209	0.2162	0.2188
June	0.2164	0.2030	0.2094
July	0.2031	0.1960	0.1989
August	0.1969	0.1957	0.1964
September	0.1969	0.1956	0.1963
October	0.1963	0.1952	0.1957
November	0.1957	0.1939	0.1949
December	0.1961	0.1942	0.1948