2023 NIO to KHR Historical Review

YEARLY HIGH

114.0410 KHR

YEARLY LOW

110.3854 KHR

YEARLY AVERAGE

112.3985 KHR

2023 NIO to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 114.0410. Conversely, the yearly low was recorded on April 8, dropping to 110.3854.

This high-to-low spread represents a total annual volatility of 3.6556 KHR. From a start-to-finish perspective, comparing the January average rate of 112.7893 to the December average rate of 112.1142, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 114.0410 was down 1.74% compared to the 2022 peak of 116.0605, 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 570,205 KHR

2022 Average 569,955 KHR

Yearly Trough Low 551,927 KHR

Transaction Impact: A difference of 18,278.00 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

113.3725

110.7104

JanuMarcMayJulySeptNove

NIO to KHR 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 112.0657, compared to 112.7314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6656 points.

H1 Avg (Jan–Jun) 112.0657

H2 Avg (Jul–Dec) 112.7314

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.8043 KHR (High: 113.5313 / Low: 110.7269). On the other end, May was the most stable month, with a tight range of 0.6958 KHR (High: 113.0685 / Low: 112.3727).

February Spread (Volatile) ±2.8043

May Spread (Stable) ±0.6958

Growth Streaks & Declines

Trends

Between March and August, 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 1.0239 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 112.9179) against the same month in 2022 (average: 114.5790), the exchange rate shifted by -1.6611 (-1.45%).

2023 Avg (September) 112.9179

2022 Avg (September) 114.5790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	113.2490	112.2881	112.7893
February	113.5313	110.7269	111.9562
March	111.4714	110.5760	110.9323
April	112.9054	110.3854	111.3076
May	113.0685	112.3727	112.6149
June	113.0944	112.1861	112.7941
July	113.1748	112.1056	112.8646
August	113.6220	112.5410	113.1506
September	114.0410	112.2714	112.9179
October	113.4065	112.6082	112.8883
November	113.1050	111.5457	112.4526
December	112.4427	111.6117	112.1142