2023 NIO to CAD Historical Review

YEARLY HIGH

0.0382 CAD

YEARLY LOW

0.0359 CAD

YEARLY AVERAGE

0.0369 CAD

2023 NIO to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0382. Conversely, the yearly low was recorded on July 13, dropping to 0.0359.

This high-to-low spread represents a total annual volatility of 0.0023 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0368 to the December average rate of 0.0366, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0382 was down 1.20% compared to the 2022 peak of 0.0386, 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 191 CAD

2022 Average 181 CAD

Yearly Trough Low 179 CAD

Transaction Impact: A difference of 11.54 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0377

0.0361

JanuMarcMayJulySeptNove

NIO to CAD 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 0.0369, compared to 0.0369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0369

H2 Avg (Jul–Dec) 0.0369

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0012 CAD (High: 0.0371 / Low: 0.0359). On the other end, September was the most stable month, with a tight range of 0.0007 CAD (High: 0.0374 / Low: 0.0367).

December Spread (Volatile) ±0.0012

September Spread (Stable) ±0.0007

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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0375) against the same month in 2022 (average: 0.0353), the exchange rate shifted by +0.0023 (+6.38%).

2023 Avg (March) 0.0375

2022 Avg (March) 0.0353

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0375	0.0364	0.0368
February	0.0375	0.0363	0.0369
March	0.0382	0.0370	0.0375
April	0.0375	0.0365	0.0370
May	0.0374	0.0366	0.0370
June	0.0368	0.0360	0.0364
July	0.0365	0.0359	0.0362
August	0.0372	0.0363	0.0369
September	0.0374	0.0367	0.0370
October	0.0380	0.0370	0.0375
November	0.0378	0.0370	0.0375
December	0.0371	0.0359	0.0366