2023 NIO to BIF Historical Review

YEARLY HIGH

78.0363 BIF

YEARLY LOW

56.3767 BIF

YEARLY AVERAGE

69.6331 BIF

2023 NIO to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 78.0363. Conversely, the yearly low was recorded on January 28, dropping to 56.3767.

This high-to-low spread represents a total annual volatility of 21.6596 BIF. From a start-to-finish perspective, comparing the January average rate of 56.7150 to the December average rate of 77.7444, the exchange rate registered a net change of 37.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 78.0363 was up 35.66% compared to the 2022 peak of 57.5248, 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 390,181 BIF

2022 Average 284,663 BIF

Yearly Trough Low 281,883 BIF

Transaction Impact: A difference of 108,298.05 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

79.8473

54.6120

JanuMarcMayJulySeptNove

NIO to BIF 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 61.7043, compared to 77.5619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.8576 points.

H1 Avg (Jan–Jun) 61.7043

H2 Avg (Jul–Dec) 77.5619

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 20.3716 BIF (High: 77.2877 / Low: 56.9160). On the other end, April was the most stable month, with a tight range of 0.2348 BIF (High: 57.0686 / Low: 56.8337).

May Spread (Volatile) ±20.3716

April Spread (Stable) ±0.2348

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 77.5895) against the same month in 2022 (average: 57.1703), the exchange rate shifted by +20.4192 (+35.72%).

2023 Avg (October) 77.5895

2022 Avg (October) 57.1703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.8002	56.3767	56.7150
February	57.0761	56.4315	56.8129
March	57.0958	56.7503	56.8861
April	57.0686	56.8337	56.9407
May	77.2877	56.9160	65.4738
June	77.7155	77.1530	77.3974
July	77.7975	77.0161	77.4511
August	77.7184	77.2005	77.4651
September	77.8021	77.3518	77.5291
October	78.0363	77.4228	77.5895
November	77.9540	76.7642	77.5919
December	77.9765	77.3834	77.7444