YEARLY HIGH
12.8595 KMF
YEARLY LOW
11.9667 KMF
YEARLY AVERAGE
12.4627 KMF

2023 NIO to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 12.8595. Conversely, the yearly low was recorded on July 17, dropping to 11.9667.

This high-to-low spread represents a total annual volatility of 0.8928 KMF. From a start-to-finish perspective, comparing the January average rate of 12.5291 to the December average rate of 12.3034, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.8595 was down 9.90% compared to the 2022 peak of 14.2722, 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 64,297 KMF
2022 Average 65,150 KMF
Yearly Trough Low 59,833 KMF
Transaction Impact: A difference of 4,463.96 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.8005
12.1410
JanuMarcMayJulySeptNove

NIO to KMF 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 12.4830, compared to 12.4424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0406 points.

H1 Avg (Jan–Jun) 12.4830
H2 Avg (Jul–Dec) 12.4424

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6019 KMF (High: 12.7883 / Low: 12.1864). On the other end, October was the most stable month, with a tight range of 0.1984 KMF (High: 12.8595 / Low: 12.6611).

November Spread (Volatile) ±0.6019
October Spread (Stable) ±0.1984

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3280 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12.7455) against the same month in 2022 (average: 13.8946), the exchange rate shifted by -1.1490 (-8.27%).

2023 Avg (October) 12.7455
2022 Avg (October) 13.8946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.8336 12.3581 12.5291
February 12.8340 12.3504 12.6095
March 12.8105 12.3530 12.6210
April 12.4127 12.1775 12.2930
May 12.6184 12.1901 12.4028
June 12.6180 12.2929 12.4424
July 12.4155 11.9667 12.1960
August 12.4442 12.2362 12.3396
September 12.8270 12.4214 12.6008
October 12.8595 12.6611 12.7455
November 12.7883 12.1864 12.4692
December 12.5004 12.1054 12.3034