2023 NIO to RUB Historical Review

YEARLY HIGH

2.7728 RUB

YEARLY LOW

1.8138 RUB

YEARLY AVERAGE

2.3372 RUB

2023 NIO to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 2.7728. Conversely, the yearly low was recorded on January 15, dropping to 1.8138.

This high-to-low spread represents a total annual volatility of 0.9590 RUB. From a start-to-finish perspective, comparing the January average rate of 1.9180 to the December average rate of 2.4833, the exchange rate registered a net change of 29.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7728 was down 30.17% compared to the 2022 peak of 3.9707, 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 13,864 RUB

2022 Average 9,745 RUB

Yearly Trough Low 9,069 RUB

Transaction Impact: A difference of 4,795.18 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7268

1.8445

JanuMarcMayJulySeptNove

NIO to RUB 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 2.1151, compared to 2.5593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4442 points.

H1 Avg (Jan–Jun) 2.1151

H2 Avg (Jul–Dec) 2.5593

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.2332 RUB (High: 2.7728 / Low: 2.5396). On the other end, March was the most stable month, with a tight range of 0.0832 RUB (High: 2.1345 / Low: 2.0513).

October Spread (Volatile) ±0.2332

March Spread (Stable) ±0.0832

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1780 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1780

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.6532) against the same month in 2022 (average: 1.7184), the exchange rate shifted by +0.9348 (+54.40%).

2023 Avg (October) 2.6532

2022 Avg (October) 1.7184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0209	1.8138	1.9180
February	2.0895	1.9139	2.0149
March	2.1345	2.0513	2.0919
April	2.2452	2.1196	2.2181
May	2.2236	2.0802	2.1662
June	2.4286	2.2027	2.2816
July	2.5262	2.4200	2.4802
August	2.7332	2.5271	2.6194
September	2.6932	2.5913	2.6445
October	2.7728	2.5396	2.6532
November	2.5529	2.4082	2.4752
December	2.5326	2.4121	2.4833