2023 NIO to MDL Historical Review

YEARLY HIGH

0.5281 MDL

YEARLY LOW

0.4716 MDL

YEARLY AVERAGE

0.4952 MDL

2023 NIO to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.5281. Conversely, the yearly low was recorded on December 28, dropping to 0.4716.

This high-to-low spread represents a total annual volatility of 0.0564 MDL. From a start-to-finish perspective, comparing the January average rate of 0.5206 to the December average rate of 0.4801, the exchange rate registered a net change of -7.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5281 was down 3.18% compared to the 2022 peak of 0.5454, 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 2,640 MDL

2022 Average 2,630 MDL

Yearly Trough Low 2,358 MDL

Transaction Impact: A difference of 282.08 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5247

0.4761

JanuMarcMayJulySeptNove

NIO to MDL 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 0.5024, compared to 0.4880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.5024

H2 Avg (Jul–Dec) 0.4880

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0284 MDL (High: 0.5017 / Low: 0.4733). On the other end, October was the most stable month, with a tight range of 0.0066 MDL (High: 0.4985 / Low: 0.4919).

July Spread (Volatile) ±0.0284

October Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0158 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5206) against the same month in 2022 (average: 0.5057), the exchange rate shifted by +0.0149 (+2.94%).

2023 Avg (January) 0.5206

2022 Avg (January) 0.5057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5281	0.5127	0.5206
February	0.5188	0.5104	0.5144
March	0.5183	0.5004	0.5098
April	0.5011	0.4893	0.4940
May	0.4910	0.4829	0.4862
June	0.5003	0.4845	0.4896
July	0.5017	0.4733	0.4899
August	0.4873	0.4785	0.4832
September	0.4988	0.4855	0.4914
October	0.4985	0.4919	0.4956
November	0.4946	0.4825	0.4877
December	0.4898	0.4716	0.4801