YEARLY HIGH
0.0555 BBD
YEARLY LOW
0.0544 BBD
YEARLY AVERAGE
0.0547 BBD

2023 NIO to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0555. Conversely, the yearly low was recorded on December 17, dropping to 0.0544.

This high-to-low spread represents a total annual volatility of 0.0011 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0548 to the December average rate of 0.0545, 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 0.0555 was down 2.41% compared to the 2022 peak of 0.0568, 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 277 BBD
2022 Average 279 BBD
Yearly Trough Low 272 BBD
Transaction Impact: A difference of 5.43 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0549
0.0545
JanuMarcMayJulySeptNove

NIO to BBD 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 0.0548, compared to 0.0547 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) 0.0548
H2 Avg (Jul–Dec) 0.0547

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0008 BBD (High: 0.0555 / Low: 0.0546). On the other end, May was the most stable month, with a tight range of 0.0003 BBD (High: 0.0548 / Low: 0.0546).

March Spread (Volatile) ±0.0008
May Spread (Stable) ±0.0003

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 0.0001 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: 0.0548) against the same month in 2022 (average: 0.0558), the exchange rate shifted by -0.0010 (-1.78%).

2023 Avg (March) 0.0548
2022 Avg (March) 0.0558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0550 0.0547 0.0548
February 0.0550 0.0544 0.0548
March 0.0555 0.0546 0.0548
April 0.0553 0.0547 0.0548
May 0.0548 0.0546 0.0547
June 0.0550 0.0545 0.0547
July 0.0550 0.0546 0.0547
August 0.0548 0.0545 0.0547
September 0.0548 0.0545 0.0547
October 0.0549 0.0546 0.0547
November 0.0550 0.0544 0.0547
December 0.0547 0.0544 0.0545