2023 NIO to NAD Historical Review

YEARLY HIGH

0.5531 NAD

YEARLY LOW

0.4603 NAD

YEARLY AVERAGE

0.5061 NAD

2023 NIO to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.5531. Conversely, the yearly low was recorded on January 16, dropping to 0.4603.

This high-to-low spread represents a total annual volatility of 0.0928 NAD. From a start-to-finish perspective, comparing the January average rate of 0.4682 to the December average rate of 0.5096, the exchange rate registered a net change of 8.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5531 was up 7.88% compared to the 2022 peak of 0.5127, 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 2,765 NAD

2022 Average 2,273 NAD

Yearly Trough Low 2,301 NAD

Transaction Impact: A difference of 463.92 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5323

0.4624

JanuMarcMayJulySeptNove

NIO to NAD 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 0.4986, compared to 0.5136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.4986

H2 Avg (Jul–Dec) 0.5136

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0492 NAD (High: 0.5465 / Low: 0.4973). On the other end, January was the most stable month, with a tight range of 0.0130 NAD (High: 0.4733 / Low: 0.4603).

November Spread (Volatile) ±0.0492

January Spread (Stable) ±0.0130

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 October and November, when the average rate fell by 0.0141 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5264) against the same month in 2022 (average: 0.5028), the exchange rate shifted by +0.0236 (+4.70%).

2023 Avg (October) 0.5264

2022 Avg (October) 0.5028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4733	0.4603	0.4682
February	0.5060	0.4674	0.4900
March	0.5107	0.4889	0.5008
April	0.5061	0.4854	0.4978
May	0.5398	0.4997	0.5223
June	0.5393	0.4968	0.5125
July	0.5187	0.4825	0.4995
August	0.5421	0.4989	0.5151
September	0.5254	0.5124	0.5187
October	0.5531	0.5123	0.5264
November	0.5465	0.4973	0.5123
December	0.5212	0.4969	0.5096