2023 NIO to HUF Historical Review

YEARLY HIGH

10.4067 HUF

YEARLY LOW

9.1001 HUF

YEARLY AVERAGE

9.6562 HUF

2023 NIO to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 10.4067. Conversely, the yearly low was recorded on July 17, dropping to 9.1001.

This high-to-low spread represents a total annual volatility of 1.3066 HUF. From a start-to-finish perspective, comparing the January average rate of 10.0346 to the December average rate of 9.5332, the exchange rate registered a net change of -5.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.4067 was down 15.90% compared to the 2022 peak of 12.3748, 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 52,034 HUF

2022 Average 51,941 HUF

Yearly Trough Low 45,501 HUF

Transaction Impact: A difference of 6,533.14 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.1030

9.2828

JanuMarcMayJulySeptNove

NIO to HUF 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 9.6415, compared to 9.6708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0293 points.

H1 Avg (Jan–Jun) 9.6415

H2 Avg (Jul–Dec) 9.6708

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.8094 HUF (High: 10.3413 / Low: 9.5319). On the other end, June was the most stable month, with a tight range of 0.2477 HUF (High: 9.4505 / Low: 9.2027).

March Spread (Volatile) ±0.8094

June Spread (Stable) ±0.2477

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4748 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4748

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.0346) against the same month in 2022 (average: 8.9511), the exchange rate shifted by +1.0835 (+12.10%).

2023 Avg (January) 10.0346

2022 Avg (January) 8.9511

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4067	9.7096	10.0346
February	10.0841	9.6497	9.8483
March	10.3413	9.5319	9.8552
April	9.6495	9.2548	9.3804
May	9.5365	9.2008	9.3795
June	9.4505	9.2027	9.3512
July	9.6852	9.1001	9.3909
August	9.8260	9.4851	9.6478
September	10.2133	9.6760	9.9007
October	10.1680	9.7751	9.9770
November	9.8897	9.3584	9.5753
December	9.7175	9.3941	9.5332