2023 NIO to BWP Historical Review

YEARLY HIGH

0.3796 BWP

YEARLY LOW

0.3471 BWP

YEARLY AVERAGE

0.3653 BWP

2023 NIO to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.3796. Conversely, the yearly low was recorded on January 15, dropping to 0.3471.

This high-to-low spread represents a total annual volatility of 0.0325 BWP. From a start-to-finish perspective, comparing the January average rate of 0.3502 to the December average rate of 0.3683, the exchange rate registered a net change of 5.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3796 was up 0.91% compared to the 2022 peak of 0.3762, 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 1,898 BWP

2022 Average 1,724 BWP

Yearly Trough Low 1,736 BWP

Transaction Impact: A difference of 162.31 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3780

0.3476

JanuMarcMayJulySeptNove

NIO to BWP 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 0.3611, compared to 0.3696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.3611

H2 Avg (Jul–Dec) 0.3696

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0173 BWP (High: 0.3660 / Low: 0.3486). On the other end, November was the most stable month, with a tight range of 0.0067 BWP (High: 0.3725 / Low: 0.3658).

February Spread (Volatile) ±0.0173

November Spread (Stable) ±0.0067

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 October and November, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3755) against the same month in 2022 (average: 0.3715), the exchange rate shifted by +0.0039 (+1.06%).

2023 Avg (October) 0.3755

2022 Avg (October) 0.3715

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3545	0.3471	0.3502
February	0.3660	0.3486	0.3586
March	0.3668	0.3557	0.3622
April	0.3625	0.3557	0.3594
May	0.3771	0.3604	0.3686
June	0.3771	0.3616	0.3677
July	0.3713	0.3551	0.3624
August	0.3728	0.3614	0.3688
September	0.3768	0.3691	0.3731
October	0.3796	0.3723	0.3755
November	0.3725	0.3658	0.3693
December	0.3743	0.3636	0.3683