YEARLY HIGH
0.6420 CZK
YEARLY LOW
0.5757 CZK
YEARLY AVERAGE
0.6072 CZK

2023 NIO to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.6420. Conversely, the yearly low was recorded on April 13, dropping to 0.5757.

This high-to-low spread represents a total annual volatility of 0.0664 CZK. From a start-to-finish perspective, comparing the January average rate of 0.6088 to the December average rate of 0.6116, the exchange rate registered a net change of 0.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6420 was down 10.23% compared to the 2022 peak of 0.7152, 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 3,210 CZK
2022 Average 3,256 CZK
Yearly Trough Low 2,878 CZK
Transaction Impact: A difference of 331.89 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6411
0.5804
JanuMarcMayJulySeptNove

NIO to CZK 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 0.6001, compared to 0.6143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.6001
H2 Avg (Jul–Dec) 0.6143

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0350 CZK (High: 0.6363 / Low: 0.6013). On the other end, October was the most stable month, with a tight range of 0.0125 CZK (High: 0.6420 / Low: 0.6296).

November Spread (Volatile) ±0.0350
October Spread (Stable) ±0.0125

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 0.0207 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.6360) against the same month in 2022 (average: 0.6927), the exchange rate shifted by -0.0567 (-8.18%).

2023 Avg (October) 0.6360
2022 Avg (October) 0.6927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6269 0.5964 0.6088
February 0.6163 0.5913 0.6075
March 0.6238 0.5900 0.6062
April 0.5951 0.5757 0.5855
May 0.6066 0.5807 0.5949
June 0.6048 0.5898 0.5980
July 0.6002 0.5786 0.5915
August 0.6112 0.5951 0.6043
September 0.6334 0.6108 0.6244
October 0.6420 0.6296 0.6360
November 0.6363 0.6013 0.6180
December 0.6199 0.6044 0.6116