2023 NIO to QAR Historical Review

YEARLY HIGH

0.1008 QAR

YEARLY LOW

0.0985 QAR

YEARLY AVERAGE

0.0997 QAR

2023 NIO to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.1008. Conversely, the yearly low was recorded on April 29, dropping to 0.0985.

This high-to-low spread represents a total annual volatility of 0.0023 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0999 to the December average rate of 0.0994, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1008 was down 2.58% compared to the 2022 peak of 0.1035, 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 504 QAR

2022 Average 508 QAR

Yearly Trough Low 493 QAR

Transaction Impact: A difference of 11.38 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1000

0.0993

JanuMarcMayJulySeptNove

NIO to QAR 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 0.0998, compared to 0.0995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0998

H2 Avg (Jul–Dec) 0.0995

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0021 QAR (High: 0.1006 / Low: 0.0985). On the other end, August was the most stable month, with a tight range of 0.0002 QAR (High: 0.0997 / Low: 0.0995).

April Spread (Volatile) ±0.0021

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0999) against the same month in 2022 (average: 0.1027), the exchange rate shifted by -0.0027 (-2.66%).

2023 Avg (February) 0.0999

2022 Avg (February) 0.1027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1003	0.0997	0.0999
February	0.1008	0.0995	0.0999
March	0.1007	0.0995	0.0999
April	0.1006	0.0985	0.0998
May	0.0998	0.0994	0.0996
June	0.1001	0.0994	0.0996
July	0.1002	0.0993	0.0996
August	0.0997	0.0995	0.0996
September	0.0999	0.0993	0.0996
October	0.1000	0.0994	0.0996
November	0.1000	0.0986	0.0994
December	0.0997	0.0990	0.0994