YEARLY HIGH
24.9549 KPW
YEARLY LOW
24.4666 KPW
YEARLY AVERAGE
24.6224 KPW

2023 NIO to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 24.9549. Conversely, the yearly low was recorded on December 17, dropping to 24.4666.

This high-to-low spread represents a total annual volatility of 0.4883 KPW. From a start-to-finish perspective, comparing the January average rate of 24.6717 to the December average rate of 24.5445, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 24.9549 was down 2.41% compared to the 2022 peak of 25.5723, 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 124,774 KPW
2022 Average 125,462 KPW
Yearly Trough Low 122,333 KPW
Transaction Impact: A difference of 2,441.49 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

24.6844
24.5318
JanuMarcMayJulySeptNove

NIO to KPW 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 24.6481, compared to 24.5967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0514 points.

H1 Avg (Jan–Jun) 24.6481
H2 Avg (Jul–Dec) 24.5967

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3735 KPW (High: 24.9549 / Low: 24.5814). On the other end, May was the most stable month, with a tight range of 0.1135 KPW (High: 24.6736 / Low: 24.5602).

March Spread (Volatile) ±0.3735
May Spread (Stable) ±0.1135

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 November and December, when the average rate fell by 0.0482 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 24.6591) against the same month in 2022 (average: 25.1070), the exchange rate shifted by -0.4480 (-1.78%).

2023 Avg (March) 24.6591
2022 Avg (March) 25.1070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.7389 24.6186 24.6717
February 24.7705 24.4741 24.6631
March 24.9549 24.5814 24.6591
April 24.8763 24.5958 24.6459
May 24.6736 24.5602 24.6284
June 24.7323 24.5350 24.6205
July 24.7636 24.5904 24.6355
August 24.6564 24.5027 24.6001
September 24.6818 24.5437 24.6045
October 24.7081 24.5556 24.6030
November 24.7386 24.4731 24.5927
December 24.5967 24.4666 24.5445