2023 NIO to NZD Historical Review

YEARLY HIGH

0.0472 NZD

YEARLY LOW

0.0420 NZD

YEARLY AVERAGE

0.0446 NZD

2023 NIO to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0472. Conversely, the yearly low was recorded on February 1, dropping to 0.0420.

This high-to-low spread represents a total annual volatility of 0.0052 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0428 to the December average rate of 0.0438, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0472 was down 5.78% compared to the 2022 peak of 0.0501, 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 236 NZD

2022 Average 220 NZD

Yearly Trough Low 210 NZD

Transaction Impact: A difference of 25.77 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0467

0.0424

JanuMarcMayJulySeptNove

NIO to NZD 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 0.0439, compared to 0.0452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0439

H2 Avg (Jul–Dec) 0.0452

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0027 NZD (High: 0.0447 / Low: 0.0420). On the other end, September was the most stable month, with a tight range of 0.0011 NZD (High: 0.0466 / Low: 0.0455).

February Spread (Volatile) ±0.0027

September Spread (Stable) ±0.0011

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 November and December, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0464) against the same month in 2022 (average: 0.0488), the exchange rate shifted by -0.0025 (-5.03%).

2023 Avg (October) 0.0464

2022 Avg (October) 0.0488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0440	0.0421	0.0428
February	0.0447	0.0420	0.0436
March	0.0449	0.0436	0.0441
April	0.0448	0.0433	0.0441
May	0.0454	0.0429	0.0441
June	0.0453	0.0438	0.0446
July	0.0449	0.0428	0.0440
August	0.0463	0.0445	0.0457
September	0.0466	0.0455	0.0461
October	0.0472	0.0452	0.0464
November	0.0466	0.0442	0.0456
December	0.0446	0.0430	0.0438