2023 NIO to SEK Historical Review

YEARLY HIGH

0.3074 SEK

YEARLY LOW

0.2713 SEK

YEARLY AVERAGE

0.2903 SEK

2023 NIO to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.3074. Conversely, the yearly low was recorded on December 27, dropping to 0.2713.

This high-to-low spread represents a total annual volatility of 0.0361 SEK. From a start-to-finish perspective, comparing the January average rate of 0.2848 to the December average rate of 0.2794, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3074 was down 2.75% compared to the 2022 peak of 0.3161, 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 1,537 SEK

2022 Average 1,410 SEK

Yearly Trough Low 1,357 SEK

Transaction Impact: A difference of 180.40 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3056

0.2770

JanuMarcMayJulySeptNove

NIO to SEK 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 0.2873, compared to 0.2934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.2873

H2 Avg (Jul–Dec) 0.2934

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0232 SEK (High: 0.3047 / Low: 0.2815). On the other end, April was the most stable month, with a tight range of 0.0070 SEK (High: 0.2879 / Low: 0.2809).

November Spread (Volatile) ±0.0232

April Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0124 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3014) against the same month in 2022 (average: 0.3092), the exchange rate shifted by -0.0078 (-2.53%).

2023 Avg (October) 0.3014

2022 Avg (October) 0.3092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2931	0.2794	0.2848
February	0.2910	0.2823	0.2865
March	0.2950	0.2816	0.2880
April	0.2879	0.2809	0.2834
May	0.2972	0.2776	0.2868
June	0.2989	0.2899	0.2944
July	0.2995	0.2786	0.2882
August	0.3023	0.2891	0.2961
September	0.3059	0.2978	0.3032
October	0.3074	0.2967	0.3014
November	0.3047	0.2815	0.2918
December	0.2864	0.2713	0.2794