YEARLY HIGH
0.2328 SBD
YEARLY LOW
0.2229 SBD
YEARLY AVERAGE
0.2283 SBD

2023 NIO to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.2328. Conversely, the yearly low was recorded on February 5, dropping to 0.2229.

This high-to-low spread represents a total annual volatility of 0.0099 SBD. From a start-to-finish perspective, comparing the January average rate of 0.2266 to the December average rate of 0.2306, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2328 was up 0.62% compared to the 2022 peak of 0.2314, 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 1,164 SBD
2022 Average 1,134 SBD
Yearly Trough Low 1,115 SBD
Transaction Impact: A difference of 49.42 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2312
0.2250
JanuMarcMayJulySeptNove

NIO to SBD 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 0.2268, compared to 0.2298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.2268
H2 Avg (Jul–Dec) 0.2298

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0053 SBD (High: 0.2304 / Low: 0.2251). On the other end, June was the most stable month, with a tight range of 0.0013 SBD (High: 0.2286 / Low: 0.2274).

April Spread (Volatile) ±0.0053
June Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2305) against the same month in 2022 (average: 0.2286), the exchange rate shifted by +0.0019 (+0.83%).

2023 Avg (November) 0.2305
2022 Avg (November) 0.2286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2281 0.2248 0.2266
February 0.2275 0.2229 0.2256
March 0.2274 0.2242 0.2255
April 0.2304 0.2251 0.2271
May 0.2287 0.2268 0.2279
June 0.2286 0.2274 0.2280
July 0.2322 0.2278 0.2290
August 0.2293 0.2278 0.2287
September 0.2311 0.2285 0.2296
October 0.2324 0.2287 0.2305
November 0.2328 0.2292 0.2305
December 0.2317 0.2295 0.2306