2023 NIO to RON Historical Review

YEARLY HIGH

0.1298 RON

YEARLY LOW

0.1203 RON

YEARLY AVERAGE

0.1251 RON

2023 NIO to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.1298. Conversely, the yearly low was recorded on July 14, dropping to 0.1203.

This high-to-low spread represents a total annual volatility of 0.0095 RON. From a start-to-finish perspective, comparing the January average rate of 0.1252 to the December average rate of 0.1241, the exchange rate registered a net change of -0.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1298 was down 9.43% compared to the 2022 peak of 0.1433, 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 649 RON

2022 Average 654 RON

Yearly Trough Low 601 RON

Transaction Impact: A difference of 47.68 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1291

0.1217

JanuMarcMayJulySeptNove

NIO to RON 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 0.1250, compared to 0.1253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1250

H2 Avg (Jul–Dec) 0.1253

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0063 RON (High: 0.1283 / Low: 0.1220). On the other end, August was the most stable month, with a tight range of 0.0025 RON (High: 0.1250 / Low: 0.1225).

February Spread (Volatile) ±0.0063

August Spread (Stable) ±0.0025

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 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1285) against the same month in 2022 (average: 0.1392), the exchange rate shifted by -0.0106 (-7.64%).

2023 Avg (October) 0.1285

2022 Avg (October) 0.1392

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1285	0.1226	0.1252
February	0.1283	0.1220	0.1257
March	0.1280	0.1237	0.1261
April	0.1253	0.1223	0.1233
May	0.1269	0.1218	0.1247
June	0.1270	0.1235	0.1252
July	0.1251	0.1203	0.1223
August	0.1250	0.1225	0.1238
September	0.1294	0.1252	0.1272
October	0.1298	0.1273	0.1285
November	0.1281	0.1233	0.1255
December	0.1261	0.1222	0.1241