2023 NIO to AED Historical Review

YEARLY HIGH

0.1018 AED

YEARLY LOW

0.0998 AED

YEARLY AVERAGE

0.1005 AED

2023 NIO to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1018. Conversely, the yearly low was recorded on December 17, dropping to 0.0998.

This high-to-low spread represents a total annual volatility of 0.0020 AED. From a start-to-finish perspective, comparing the January average rate of 0.1007 to the December average rate of 0.1002, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1018 was down 2.42% compared to the 2022 peak of 0.1044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 509 AED

2022 Average 512 AED

Yearly Trough Low 499 AED

Transaction Impact: A difference of 10.00 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1007

0.1001

JanuMarcMayJulySeptNove

NIO to AED 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 0.1006, compared to 0.1004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1006

H2 Avg (Jul–Dec) 0.1004

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0015 AED (High: 0.1018 / Low: 0.1003). On the other end, May was the most stable month, with a tight range of 0.0005 AED (High: 0.1007 / Low: 0.1002).

March Spread (Volatile) ±0.0015

May Spread (Stable) ±0.0005

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1006) against the same month in 2022 (average: 0.1025), the exchange rate shifted by -0.0018 (-1.79%).

2023 Avg (March) 0.1006

2022 Avg (March) 0.1025

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1010	0.1005	0.1007
February	0.1011	0.0999	0.1007
March	0.1018	0.1003	0.1006
April	0.1015	0.1004	0.1006
May	0.1007	0.1002	0.1005
June	0.1009	0.1001	0.1005
July	0.1011	0.1004	0.1005
August	0.1006	0.1000	0.1004
September	0.1007	0.1002	0.1004
October	0.1008	0.1002	0.1004
November	0.1010	0.0999	0.1004
December	0.1004	0.0998	0.1002