2023 NAD to NIO Historical Review

YEARLY HIGH

2.1726 NIO

YEARLY LOW

1.8081 NIO

YEARLY AVERAGE

1.9785 NIO

2023 NAD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 2.1726. Conversely, the yearly low was recorded on October 28, dropping to 1.8081.

This high-to-low spread represents a total annual volatility of 0.3645 NIO. From a start-to-finish perspective, comparing the January average rate of 2.1360 to the December average rate of 1.9628, the exchange rate registered a net change of -8.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1726 was down 12.18% compared to the 2022 peak of 2.4739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,863 NIO

2022 Average 11,041 NIO

Yearly Trough Low 9,040 NIO

Transaction Impact: A difference of 1,822.35 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1595

1.8770

JanuMarcMayJulySeptNove

NAD 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 2.0088, compared to 1.9482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0606 points.

H1 Avg (Jan–Jun) 2.0088

H2 Avg (Jul–Dec) 1.9482

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.1811 NIO (High: 2.0110 / Low: 1.8299). On the other end, September was the most stable month, with a tight range of 0.0483 NIO (High: 1.9515 / Low: 1.9032).

November Spread (Volatile) ±0.1811

September Spread (Stable) ±0.0483

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0939 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.1360) against the same month in 2022 (average: 2.2861), the exchange rate shifted by -0.1501 (-6.57%).

2023 Avg (January) 2.1360

2022 Avg (January) 2.2861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1726	2.1130	2.1360
February	2.1394	1.9761	2.0421
March	2.0456	1.9579	1.9970
April	2.0601	1.9758	2.0092
May	2.0010	1.8524	1.9159
June	2.0127	1.8541	1.9525
July	2.0725	1.9281	2.0033
August	2.0042	1.8448	1.9418
September	1.9515	1.9032	1.9280
October	1.9521	1.8081	1.9006
November	2.0110	1.8299	1.9529
December	2.0123	1.9185	1.9628