2023 NIO to IQD Historical Review

YEARLY HIGH

40.3825 IQD

YEARLY LOW

35.4081 IQD

YEARLY AVERAGE

37.1917 IQD

2023 NIO to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 40.3825. Conversely, the yearly low was recorded on November 4, dropping to 35.4081.

This high-to-low spread represents a total annual volatility of 4.9744 IQD. From a start-to-finish perspective, comparing the January average rate of 40.0146 to the December average rate of 35.7443, the exchange rate registered a net change of -10.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.3825 was down 2.13% compared to the 2022 peak of 41.2630, 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 201,913 IQD

2022 Average 203,487 IQD

Yearly Trough Low 177,041 IQD

Transaction Impact: A difference of 24,871.90 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.4426

35.3068

JanuMarcMayJulySeptNove

NIO to IQD 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 38.6026, compared to 35.7809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8217 points.

H1 Avg (Jan–Jun) 38.6026

H2 Avg (Jul–Dec) 35.7809

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 4.3260 IQD (High: 40.3825 / Low: 36.0565). On the other end, September was the most stable month, with a tight range of 0.0729 IQD (High: 35.8247 / Low: 35.7518).

April Spread (Volatile) ±4.3260

September Spread (Stable) ±0.0729

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.6301 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.6301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 39.7325) against the same month in 2022 (average: 40.8038), the exchange rate shifted by -1.0713 (-2.63%).

2023 Avg (April) 39.7325

2022 Avg (April) 40.8038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.1457	39.9341	40.0146
February	40.3164	39.7329	40.0027
March	40.1291	39.7930	39.9367
April	40.3825	36.0565	39.7325
May	40.0067	35.7538	36.1024
June	35.9393	35.6199	35.8266
July	35.8904	35.5634	35.8201
August	36.0757	35.5300	35.7981
September	35.8247	35.7518	35.8005
October	35.8401	35.7323	35.7877
November	35.8315	35.4081	35.7348
December	35.8397	35.6172	35.7443