2023 NIO to PEN Historical Review

YEARLY HIGH

0.1069 PEN

YEARLY LOW

0.0973 PEN

YEARLY AVERAGE

0.1023 PEN

2023 NIO to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.1069. Conversely, the yearly low was recorded on July 17, dropping to 0.0973.

This high-to-low spread represents a total annual volatility of 0.0095 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1048 to the December average rate of 0.1019, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1069 was down 5.19% compared to the 2022 peak of 0.1127, 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 534 PEN

2022 Average 534 PEN

Yearly Trough Low 487 PEN

Transaction Impact: A difference of 47.69 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1058

0.0978

JanuMarcMayJulySeptNove

NIO to PEN 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 0.1028, compared to 0.1018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.1028

H2 Avg (Jul–Dec) 0.1018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0042 PEN (High: 0.1057 / Low: 0.1015). On the other end, March was the most stable month, with a tight range of 0.0015 PEN (High: 0.1042 / Low: 0.1027).

November Spread (Volatile) ±0.0042

March Spread (Stable) ±0.0015

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 April and May, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1048) against the same month in 2022 (average: 0.1099), the exchange rate shifted by -0.0051 (-4.62%).

2023 Avg (January) 0.1048

2022 Avg (January) 0.1099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1069	0.1035	0.1048
February	0.1068	0.1041	0.1052
March	0.1042	0.1027	0.1035
April	0.1035	0.1014	0.1029
May	0.1017	0.0999	0.1008
June	0.1012	0.0987	0.0997
July	0.0997	0.0973	0.0985
August	0.1020	0.0986	0.1009
September	0.1036	0.1009	0.1018
October	0.1060	0.1036	0.1049
November	0.1057	0.1015	0.1030
December	0.1032	0.1004	0.1019