2023 NIO to SOS Historical Review

YEARLY HIGH

15.7032 SOS

YEARLY LOW

15.4466 SOS

YEARLY AVERAGE

15.5758 SOS

2023 NIO to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 15.7032. Conversely, the yearly low was recorded on August 5, dropping to 15.4466.

This high-to-low spread represents a total annual volatility of 0.2566 SOS. From a start-to-finish perspective, comparing the January average rate of 15.5897 to the December average rate of 15.5923, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.7032 was down 4.98% compared to the 2022 peak of 16.5257, 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 78,516 SOS

2022 Average 80,219 SOS

Yearly Trough Low 77,233 SOS

Transaction Impact: A difference of 1,282.98 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.6111

15.5515

JanuMarcMayJulySeptNove

NIO to SOS 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 15.5680, compared to 15.5835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 15.5680

H2 Avg (Jul–Dec) 15.5835

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2260 SOS (High: 15.7032 / Low: 15.4772). On the other end, May was the most stable month, with a tight range of 0.0859 SOS (High: 15.6027 / Low: 15.5169).

February Spread (Volatile) ±0.2260

May Spread (Stable) ±0.0859

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 0.0208 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 15.5832) against the same month in 2022 (average: 16.3927), the exchange rate shifted by -0.8095 (-4.94%).

2023 Avg (February) 15.5832

2022 Avg (February) 16.3927

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.6542	15.5571	15.5897
February	15.7032	15.4772	15.5832
March	15.6652	15.5407	15.5624
April	15.5888	15.4680	15.5565
May	15.6027	15.5169	15.5590
June	15.6084	15.4569	15.5573
July	15.6027	15.4601	15.5682
August	15.5814	15.4466	15.5583
September	15.6396	15.5274	15.5861
October	15.6607	15.5546	15.6061
November	15.6280	15.4473	15.5898
December	15.6364	15.5247	15.5923