2023 MDL to NIO Historical Review

YEARLY HIGH

2.1203 NIO

YEARLY LOW

1.8938 NIO

YEARLY AVERAGE

2.0207 NIO

2023 MDL to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.1203. Conversely, the yearly low was recorded on January 7, dropping to 1.8938.

This high-to-low spread represents a total annual volatility of 0.2265 NIO. From a start-to-finish perspective, comparing the January average rate of 1.9210 to the December average rate of 2.0829, the exchange rate registered a net change of 8.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1203 was up 4.53% compared to the 2022 peak of 2.0285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,601 NIO

2022 Average 9,511 NIO

Yearly Trough Low 9,469 NIO

Transaction Impact: A difference of 1,132.61 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0991

1.9048

JanuMarcMayJulySeptNove

MDL 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 1.9918, compared to 2.0496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0579 points.

H1 Avg (Jan–Jun) 1.9918

H2 Avg (Jul–Dec) 2.0496

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1194 NIO (High: 2.1128 / Low: 1.9933). On the other end, October was the most stable month, with a tight range of 0.0271 NIO (High: 2.0330 / Low: 2.0059).

July Spread (Volatile) ±0.1194

October Spread (Stable) ±0.0271

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0344 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2.0829) against the same month in 2022 (average: 1.8865), the exchange rate shifted by +0.1964 (+10.41%).

2023 Avg (December) 2.0829

2022 Avg (December) 1.8865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9503	1.8938	1.9210
February	1.9592	1.9275	1.9441
March	1.9984	1.9295	1.9617
April	2.0437	1.9956	2.0246
May	2.0707	2.0367	2.0568
June	2.0640	1.9986	2.0424
July	2.1128	1.9933	2.0421
August	2.0899	2.0521	2.0695
September	2.0599	2.0050	2.0351
October	2.0330	2.0059	2.0176
November	2.0727	2.0216	2.0506
December	2.1203	2.0415	2.0829