2023 NIO to BAM Historical Review

YEARLY HIGH

0.0513 BAM

YEARLY LOW

0.0475 BAM

YEARLY AVERAGE

0.0495 BAM

2023 NIO to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0513. Conversely, the yearly low was recorded on July 18, dropping to 0.0475.

This high-to-low spread represents a total annual volatility of 0.0037 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0498 to the December average rate of 0.0489, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0513 was down 9.82% compared to the 2022 peak of 0.0569, 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 256 BAM

2022 Average 259 BAM

Yearly Trough Low 238 BAM

Transaction Impact: A difference of 18.71 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0508

0.0482

JanuMarcMayJulySeptNove

NIO to BAM 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 0.0496, compared to 0.0494 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) 0.0496

H2 Avg (Jul–Dec) 0.0494

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0022 BAM (High: 0.0506 / Low: 0.0484). On the other end, April was the most stable month, with a tight range of 0.0009 BAM (High: 0.0492 / Low: 0.0483).

November Spread (Volatile) ±0.0022

April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0498) against the same month in 2022 (average: 0.0488), the exchange rate shifted by +0.0011 (+2.18%).

2023 Avg (January) 0.0498

2022 Avg (January) 0.0488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0513	0.0491	0.0498
February	0.0508	0.0489	0.0500
March	0.0507	0.0491	0.0501
April	0.0492	0.0483	0.0488
May	0.0499	0.0484	0.0492
June	0.0501	0.0486	0.0494
July	0.0493	0.0475	0.0484
August	0.0495	0.0485	0.0490
September	0.0507	0.0493	0.0500
October	0.0510	0.0501	0.0506
November	0.0506	0.0484	0.0495
December	0.0496	0.0482	0.0489