2023 MXN to NIO Historical Review

YEARLY HIGH

2.1874 NIO

YEARLY LOW

1.8704 NIO

YEARLY AVERAGE

2.0638 NIO

2023 MXN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 2.1874. Conversely, the yearly low was recorded on January 1, dropping to 1.8704.

This high-to-low spread represents a total annual volatility of 0.3170 NIO. From a start-to-finish perspective, comparing the January average rate of 1.9238 to the December average rate of 2.1362, the exchange rate registered a net change of 11.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1874 was up 14.83% compared to the 2022 peak of 1.9049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 109,371 NIO

2022 Average 89,240 NIO

Yearly Trough Low 93,521 NIO

Transaction Impact: A difference of 15,849.66 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1829

1.9003

JanuMarcMayJulySeptNove

MXN 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 2.0121, compared to 2.1156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1035 points.

H1 Avg (Jan–Jun) 2.0121

H2 Avg (Jul–Dec) 2.1156

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1276 NIO (High: 2.0344 / Low: 1.9068). On the other end, April was the most stable month, with a tight range of 0.0325 NIO (High: 2.0300 / Low: 1.9975).

March Spread (Volatile) ±0.1276

April Spread (Stable) ±0.0325

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0923 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.1593) against the same month in 2022 (average: 1.7481), the exchange rate shifted by +0.4113 (+23.53%).

2023 Avg (July) 2.1593

2022 Avg (July) 1.7481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9557	1.8704	1.9238
February	1.9958	1.9027	1.9626
March	2.0344	1.9068	1.9835
April	2.0300	1.9975	2.0212
May	2.0937	2.0315	2.0615
June	2.1421	2.0824	2.1199
July	2.1874	2.1191	2.1593
August	2.1874	2.1083	2.1539
September	2.1435	2.0686	2.1149
October	2.1051	1.9956	2.0227
November	2.1485	2.0596	2.1065
December	2.1649	2.0963	2.1362