YEARLY HIGH
0.1502 BRL
YEARLY LOW
0.1292 BRL
YEARLY AVERAGE
0.1366 BRL

2023 NIO to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1502. Conversely, the yearly low was recorded on July 31, dropping to 0.1292.

This high-to-low spread represents a total annual volatility of 0.0211 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1422 to the December average rate of 0.1335, the exchange rate registered a net change of -6.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1502 was down 6.82% compared to the 2022 peak of 0.1612, 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 751 BRL
2022 Average 720 BRL
Yearly Trough Low 646 BRL
Transaction Impact: A difference of 105.34 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1439
0.1302
JanuMarcMayJulySeptNove

NIO to BRL 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 0.1389, compared to 0.1344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1389
H2 Avg (Jul–Dec) 0.1344

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0115 BRL (High: 0.1502 / Low: 0.1388). On the other end, November was the most stable month, with a tight range of 0.0032 BRL (High: 0.1356 / Low: 0.1324).

January Spread (Volatile) ±0.0115
November Spread (Stable) ±0.0032

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 0.0055 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1422) against the same month in 2022 (average: 0.1559), the exchange rate shifted by -0.0137 (-8.76%).

2023 Avg (January) 0.1422
2022 Avg (January) 0.1559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1502 0.1388 0.1422
February 0.1450 0.1383 0.1419
March 0.1464 0.1384 0.1428
April 0.1390 0.1345 0.1373
May 0.1383 0.1338 0.1362
June 0.1371 0.1303 0.1327
July 0.1345 0.1292 0.1314
August 0.1364 0.1311 0.1342
September 0.1378 0.1326 0.1352
October 0.1416 0.1362 0.1384
November 0.1356 0.1324 0.1339
December 0.1357 0.1310 0.1335