2023 NIO to INR Historical Review

YEARLY HIGH

2.2884 INR

YEARLY LOW

2.2164 INR

YEARLY AVERAGE

2.2590 INR

2023 NIO to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.2884. Conversely, the yearly low was recorded on January 22, dropping to 2.2164.

This high-to-low spread represents a total annual volatility of 0.0720 INR. From a start-to-finish perspective, comparing the January average rate of 2.2404 to the December average rate of 2.2702, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2884 was down 1.39% compared to the 2022 peak of 2.3207, 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 11,442 INR

2022 Average 10,955 INR

Yearly Trough Low 11,082 INR

Transaction Impact: A difference of 360.14 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2788

2.2369

JanuMarcMayJulySeptNove

NIO to INR 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 2.2505, compared to 2.2675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 2.2505

H2 Avg (Jul–Dec) 2.2675

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0549 INR (High: 2.2884 / Low: 2.2335). On the other end, October was the most stable month, with a tight range of 0.0184 INR (High: 2.2839 / Low: 2.2655).

March Spread (Volatile) ±0.0549

October Spread (Stable) ±0.0184

Growth Streaks & Declines

Trends

Between June and November, 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 February and March, when the average rate fell by 0.0111 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.2533) against the same month in 2022 (average: 2.1268), the exchange rate shifted by +0.1264 (+5.94%).

2023 Avg (March) 2.2533

2022 Avg (March) 2.1268

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2698	2.2164	2.2404
February	2.2796	2.2364	2.2644
March	2.2884	2.2335	2.2533
April	2.2595	2.2351	2.2442
May	2.2719	2.2353	2.2527
June	2.2608	2.2387	2.2479
July	2.2732	2.2389	2.2498
August	2.2785	2.2506	2.2643
September	2.2789	2.2595	2.2703
October	2.2839	2.2655	2.2751
November	2.2869	2.2656	2.2753
December	2.2784	2.2575	2.2702