2023 NIO to IDR Historical Review

YEARLY HIGH

435.7457 IDR

YEARLY LOW

401.3570 IDR

YEARLY AVERAGE

416.9626 IDR

2023 NIO to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 435.7457. Conversely, the yearly low was recorded on May 7, dropping to 401.3570.

This high-to-low spread represents a total annual volatility of 34.3887 IDR. From a start-to-finish perspective, comparing the January average rate of 417.8577 to the December average rate of 422.2447, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 435.7457 was down 1.13% compared to the 2022 peak of 440.7393, 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 2,178,728 IDR

2022 Average 2,069,851 IDR

Yearly Trough Low 2,006,785 IDR

Transaction Impact: A difference of 171,943.35 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

433.2820

403.8122

JanuMarcMayJulySeptNove

NIO to IDR 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 412.4977, compared to 421.4275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.9298 points.

H1 Avg (Jan–Jun) 412.4977

H2 Avg (Jul–Dec) 421.4275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 19.7657 IDR (High: 429.0077 / Low: 409.2420). On the other end, August was the most stable month, with a tight range of 6.2776 IDR (High: 420.2730 / Low: 413.9954).

January Spread (Volatile) ±19.7657

August Spread (Stable) ±6.2776

Growth Streaks & Declines

Trends

Between May and October, 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 March and April, when the average rate fell by 11.8873 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -11.8873

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 430.8262) against the same month in 2022 (average: 428.6882), the exchange rate shifted by +2.1380 (+0.50%).

2023 Avg (October) 430.8262

2022 Avg (October) 428.6882

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	429.0077	409.2420	417.8577
February	419.6028	407.7003	415.5893
March	426.2845	409.2591	419.1370
April	410.5306	401.6299	407.2497
May	411.1808	401.3570	406.2680
June	412.2783	405.7623	408.8845
July	416.4445	408.6183	412.2166
August	420.2730	413.9954	417.2815
September	425.6799	416.0463	420.3357
October	435.7457	421.6877	430.8262
November	434.2848	418.8553	425.6604
December	427.3534	418.7184	422.2447