YEARLY HIGH
0.2177 HKD
YEARLY LOW
0.2120 HKD
YEARLY AVERAGE
0.2142 HKD

2023 NIO to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2177. Conversely, the yearly low was recorded on November 24, dropping to 0.2120.

This high-to-low spread represents a total annual volatility of 0.0057 HKD. From a start-to-finish perspective, comparing the January average rate of 0.2144 to the December average rate of 0.2130, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2177 was down 1.90% compared to the 2022 peak of 0.2219, 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 1,088 HKD
2022 Average 1,092 HKD
Yearly Trough Low 1,060 HKD
Transaction Impact: A difference of 28.34 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2153
0.2128
JanuMarcMayJulySeptNove

NIO to HKD 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 0.2147, compared to 0.2137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.2147
H2 Avg (Jul–Dec) 0.2137

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0033 HKD (High: 0.2177 / Low: 0.2144). On the other end, September was the most stable month, with a tight range of 0.0010 HKD (High: 0.2145 / Low: 0.2135).

March Spread (Volatile) ±0.0033
September Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2151) against the same month in 2022 (average: 0.2182), the exchange rate shifted by -0.0032 (-1.47%).

2023 Avg (March) 0.2151
2022 Avg (March) 0.2182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2151 0.2137 0.2144
February 0.2159 0.2134 0.2150
March 0.2177 0.2144 0.2151
April 0.2170 0.2145 0.2150
May 0.2150 0.2138 0.2145
June 0.2152 0.2137 0.2143
July 0.2156 0.2131 0.2140
August 0.2146 0.2128 0.2139
September 0.2145 0.2135 0.2141
October 0.2150 0.2134 0.2139
November 0.2151 0.2120 0.2133
December 0.2134 0.2121 0.2130