2023 NIO to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 NIO to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the NIO to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 204.2099. Conversely, the yearly low was recorded on April 19, dropping to 194.8233.
This high-to-low spread represents a total annual volatility of 9.3866 PYG. From a start-to-finish perspective, comparing the January average rate of 202.2055 to the December average rate of 200.6777, the exchange rate registered a net change of -0.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 204.2099 was up 0.67% compared to the 2022 peak of 202.8519, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
NIO to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 198.4460, compared to 200.3089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8628 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 5.1087 PYG (High: 204.1835 / Low: 199.0749). On the other end, August was the most stable month, with a tight range of 1.3143 PYG (High: 199.4086 / Low: 198.0943).
Growth Streaks & Declines
TrendsBetween April and July, 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 February and March, when the average rate fell by 3.1435 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 202.2055) against the same month in 2022 (average: 196.5631), the exchange rate shifted by +5.6423 (+2.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 204.2099 | 200.0929 | 202.2055 |
| February | 201.8732 | 198.5575 | 200.0883 |
| March | 200.1026 | 195.3826 | 196.9448 |
| April | 198.7872 | 194.8233 | 196.0362 |
| May | 198.1066 | 195.4538 | 197.0655 |
| June | 199.2787 | 197.2674 | 198.3360 |
| July | 199.5794 | 197.2245 | 198.7980 |
| August | 199.4086 | 198.0943 | 198.7738 |
| September | 199.7311 | 198.3881 | 198.8910 |
| October | 204.1835 | 199.0749 | 201.5018 |
| November | 204.0617 | 202.1572 | 203.2108 |
| December | 203.3119 | 199.0249 | 200.6777 |