YEARLY HIGH
0.0400 SGD
YEARLY LOW
0.0365 SGD
YEARLY AVERAGE
0.0384 SGD

2022 NIO to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NIO to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0400. Conversely, the yearly low was recorded on March 13, dropping to 0.0365.

This high-to-low spread represents a total annual volatility of 0.0035 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0371, the exchange rate registered a net change of -2.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0400 was up 2.25% compared to the 2021 peak of 0.0391, 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 200 SGD
2021 Average 191 SGD
Yearly Trough Low 183 SGD
Transaction Impact: A difference of 17.41 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0398
0.0368
JanuMarcMayJulySeptNove

NIO to SGD 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 0.0382, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0382
H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0023 SGD (High: 0.0396 / Low: 0.0373). On the other end, December was the most stable month, with a tight range of 0.0005 SGD (High: 0.0373 / Low: 0.0368).

November Spread (Volatile) ±0.0023
December Spread (Stable) ±0.0005

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 November and December, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0393) against the same month in 2021 (average: 0.0384), the exchange rate shifted by +0.0010 (+2.55%).

2022 Avg (September) 0.0393
2021 Avg (September) 0.0384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0385 0.0379 0.0381
February 0.0386 0.0376 0.0380
March 0.0382 0.0365 0.0379
April 0.0388 0.0378 0.0381
May 0.0390 0.0381 0.0386
June 0.0389 0.0382 0.0386
July 0.0393 0.0384 0.0389
August 0.0389 0.0378 0.0385
September 0.0400 0.0388 0.0393
October 0.0400 0.0387 0.0395
November 0.0396 0.0373 0.0385
December 0.0373 0.0368 0.0371