2023 NIO to BTN Historical Review

YEARLY HIGH

2.2800 BTN

YEARLY LOW

2.2211 BTN

YEARLY AVERAGE

2.2584 BTN

2023 NIO to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 2.2800. Conversely, the yearly low was recorded on January 22, dropping to 2.2211.

This high-to-low spread represents a total annual volatility of 0.0589 BTN. From a start-to-finish perspective, comparing the January average rate of 2.2430 to the December average rate of 2.2723, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2800 was down 1.20% compared to the 2022 peak of 2.3076, 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 11,400 BTN

2022 Average 10,952 BTN

Yearly Trough Low 11,106 BTN

Transaction Impact: A difference of 294.27 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2764

2.2395

JanuMarcMayJulySeptNove

NIO to BTN 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 2.2503, compared to 2.2665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 2.2503

H2 Avg (Jul–Dec) 2.2665

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0529 BTN (High: 2.2741 / Low: 2.2211). On the other end, October was the most stable month, with a tight range of 0.0078 BTN (High: 2.2760 / Low: 2.2682).

January Spread (Volatile) ±0.0529

October Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0109 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 2.2635) against the same month in 2022 (average: 2.2121), the exchange rate shifted by +0.0514 (+2.32%).

2023 Avg (August) 2.2635

2022 Avg (August) 2.2121

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2741	2.2211	2.2430
February	2.2755	2.2395	2.2633
March	2.2727	2.2345	2.2524
April	2.2517	2.2313	2.2426
May	2.2660	2.2338	2.2517
June	2.2637	2.2382	2.2483
July	2.2650	2.2376	2.2473
August	2.2800	2.2457	2.2635
September	2.2764	2.2595	2.2693
October	2.2760	2.2682	2.2731
November	2.2787	2.2654	2.2733
December	2.2796	2.2605	2.2723