2023 NIO to CNY Historical Review

YEARLY HIGH

0.2007 CNY

YEARLY LOW

0.1841 CNY

YEARLY AVERAGE

0.1935 CNY

2023 NIO to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.2007. Conversely, the yearly low was recorded on January 13, dropping to 0.1841.

This high-to-low spread represents a total annual volatility of 0.0166 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1862 to the December average rate of 0.1941, the exchange rate registered a net change of 4.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2007 was down 1.44% compared to the 2022 peak of 0.2037, 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 1,004 CNY

2022 Average 938 CNY

Yearly Trough Low 921 CNY

Transaction Impact: A difference of 82.95 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2007

0.1849

JanuMarcMayJulySeptNove

NIO to CNY 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 0.1897, compared to 0.1973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.1897

H2 Avg (Jul–Dec) 0.1973

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0074 CNY (High: 0.2002 / Low: 0.1928). On the other end, September was the most stable month, with a tight range of 0.0026 CNY (High: 0.2007 / Low: 0.1981).

November Spread (Volatile) ±0.0074

September Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0028 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1994) against the same month in 2022 (average: 0.1951), the exchange rate shifted by +0.0043 (+2.19%).

2023 Avg (September) 0.1994

2022 Avg (September) 0.1951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1896	0.1841	0.1862
February	0.1912	0.1842	0.1875
March	0.1910	0.1867	0.1889
April	0.1911	0.1878	0.1886
May	0.1945	0.1889	0.1912
June	0.1984	0.1931	0.1957
July	0.1995	0.1942	0.1967
August	0.1995	0.1955	0.1979
September	0.2007	0.1981	0.1994
October	0.2003	0.1957	0.1989
November	0.2002	0.1928	0.1969
December	0.1961	0.1924	0.1941