2023 NIO to GBP Historical Review

YEARLY HIGH

0.0232 GBP

YEARLY LOW

0.0208 GBP

YEARLY AVERAGE

0.0220 GBP

2023 NIO to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0232. Conversely, the yearly low was recorded on July 13, dropping to 0.0208.

This high-to-low spread represents a total annual volatility of 0.0023 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0224 to the December average rate of 0.0215, the exchange rate registered a net change of -3.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0232 was down 10.65% compared to the 2022 peak of 0.0259, 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 116 GBP

2022 Average 113 GBP

Yearly Trough Low 104 GBP

Transaction Impact: A difference of 11.63 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0229

0.0211

JanuMarcMayJulySeptNove

NIO to GBP 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 0.0222, compared to 0.0218 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0222

H2 Avg (Jul–Dec) 0.0218

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 GBP (High: 0.0232 / Low: 0.0221). On the other end, August was the most stable month, with a tight range of 0.0004 GBP (High: 0.0217 / Low: 0.0214).

March Spread (Volatile) ±0.0011

August Spread (Stable) ±0.0004

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0226) against the same month in 2022 (average: 0.0212), the exchange rate shifted by +0.0014 (+6.53%).

2023 Avg (March) 0.0226

2022 Avg (March) 0.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0230	0.0221	0.0224
February	0.0230	0.0221	0.0227
March	0.0232	0.0221	0.0226
April	0.0223	0.0218	0.0220
May	0.0222	0.0216	0.0219
June	0.0220	0.0213	0.0216
July	0.0217	0.0208	0.0213
August	0.0217	0.0214	0.0215
September	0.0225	0.0216	0.0221
October	0.0226	0.0222	0.0225
November	0.0225	0.0214	0.0220
December	0.0218	0.0213	0.0215