2023 NIO to BOB Historical Review

YEARLY HIGH

0.1910 BOB

YEARLY LOW

0.1873 BOB

YEARLY AVERAGE

0.1890 BOB

2023 NIO to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.1910. Conversely, the yearly low was recorded on July 12, dropping to 0.1873.

This high-to-low spread represents a total annual volatility of 0.0037 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1894 to the December average rate of 0.1887, the exchange rate registered a net change of -0.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1910 was down 2.28% compared to the 2022 peak of 0.1954, 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 955 BOB

2022 Average 961 BOB

Yearly Trough Low 936 BOB

Transaction Impact: A difference of 18.58 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1895

0.1885

JanuMarcMayJulySeptNove

NIO to BOB 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 0.1892, compared to 0.1888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1892

H2 Avg (Jul–Dec) 0.1888

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0024 BOB (High: 0.1897 / Low: 0.1873). On the other end, September was the most stable month, with a tight range of 0.0005 BOB (High: 0.1891 / Low: 0.1886).

July Spread (Volatile) ±0.0024

September 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 February and March, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1892) against the same month in 2022 (average: 0.1924), the exchange rate shifted by -0.0032 (-1.65%).

2023 Avg (April) 0.1892

2022 Avg (April) 0.1924

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1901	0.1891	0.1894
February	0.1901	0.1884	0.1894
March	0.1899	0.1884	0.1891
April	0.1910	0.1887	0.1892
May	0.1894	0.1886	0.1890
June	0.1893	0.1887	0.1890
July	0.1897	0.1873	0.1890
August	0.1890	0.1878	0.1889
September	0.1891	0.1886	0.1889
October	0.1890	0.1884	0.1888
November	0.1891	0.1878	0.1886
December	0.1894	0.1880	0.1887