2023 NIO to SRD Historical Review

YEARLY HIGH

1.0557 SRD

YEARLY LOW

0.8651 SRD

YEARLY AVERAGE

1.0010 SRD

2023 NIO to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 1.0557. Conversely, the yearly low was recorded on January 8, dropping to 0.8651.

This high-to-low spread represents a total annual volatility of 0.1906 SRD. From a start-to-finish perspective, comparing the January average rate of 0.8722 to the December average rate of 1.0190, the exchange rate registered a net change of 16.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0557 was up 20.55% compared to the 2022 peak of 0.8757, 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 5,278 SRD

2022 Average 3,375 SRD

Yearly Trough Low 4,326 SRD

Transaction Impact: A difference of 952.76 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0645

0.8547

JanuMarcMayJulySeptNove

NIO to SRD 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 0.9632, compared to 1.0388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0756 points.

H1 Avg (Jan–Jun) 0.9632

H2 Avg (Jul–Dec) 1.0388

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0707 SRD (High: 0.9869 / Low: 0.9163). On the other end, October was the most stable month, with a tight range of 0.0123 SRD (High: 1.0499 / Low: 1.0376).

March Spread (Volatile) ±0.0707

October Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0190 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0400) against the same month in 2022 (average: 0.6387), the exchange rate shifted by +0.4013 (+62.83%).

2023 Avg (July) 1.0400

2022 Avg (July) 0.6387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8874	0.8651	0.8722
February	0.9290	0.8779	0.8991
March	0.9869	0.9163	0.9478
April	1.0310	0.9773	1.0071
May	1.0352	1.0161	1.0219
June	1.0483	1.0175	1.0313
July	1.0557	1.0114	1.0400
August	1.0545	1.0407	1.0461
September	1.0541	1.0416	1.0471
October	1.0499	1.0376	1.0429
November	1.0486	1.0279	1.0379
December	1.0338	1.0020	1.0190