YEARLY HIGH
0.0499 AWG
YEARLY LOW
0.0482 AWG
YEARLY AVERAGE
0.0493 AWG

2023 NIO to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0499. Conversely, the yearly low was recorded on November 21, dropping to 0.0482.

This high-to-low spread represents a total annual volatility of 0.0017 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0494 to the December average rate of 0.0491, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0499 was down 2.43% compared to the 2022 peak of 0.0512, 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 250 AWG
2022 Average 251 AWG
Yearly Trough Low 241 AWG
Transaction Impact: A difference of 8.35 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0494
0.0491
JanuMarcMayJulySeptNove

NIO to AWG 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 0.0493, compared to 0.0492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0493
H2 Avg (Jul–Dec) 0.0492

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0012 AWG (High: 0.0495 / Low: 0.0482). On the other end, September was the most stable month, with a tight range of 0.0002 AWG (High: 0.0493 / Low: 0.0491).

November Spread (Volatile) ±0.0012
September Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0493) against the same month in 2022 (average: 0.0502), the exchange rate shifted by -0.0009 (-1.75%).

2023 Avg (March) 0.0493
2022 Avg (March) 0.0502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0495 0.0493 0.0494
February 0.0495 0.0490 0.0494
March 0.0499 0.0492 0.0493
April 0.0498 0.0492 0.0493
May 0.0494 0.0492 0.0493
June 0.0495 0.0491 0.0493
July 0.0496 0.0492 0.0493
August 0.0493 0.0491 0.0492
September 0.0493 0.0491 0.0492
October 0.0494 0.0491 0.0492
November 0.0495 0.0482 0.0491
December 0.0493 0.0489 0.0491