2023 NIO to THB Historical Review

YEARLY HIGH

1.0143 THB

YEARLY LOW

0.8935 THB

YEARLY AVERAGE

0.9512 THB

2023 NIO to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.0143. Conversely, the yearly low was recorded on January 21, dropping to 0.8935.

This high-to-low spread represents a total annual volatility of 0.1208 THB. From a start-to-finish perspective, comparing the January average rate of 0.9103 to the December average rate of 0.9519, the exchange rate registered a net change of 4.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0143 was down 5.16% compared to the 2022 peak of 1.0695, 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 5,072 THB

2022 Average 4,883 THB

Yearly Trough Low 4,467 THB

Transaction Impact: A difference of 604.16 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0061

0.9016

JanuMarcMayJulySeptNove

NIO to THB 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 0.9353, compared to 0.9670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0317 points.

H1 Avg (Jan–Jun) 0.9353

H2 Avg (Jul–Dec) 0.9670

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0686 THB (High: 0.9646 / Low: 0.8960). On the other end, April was the most stable month, with a tight range of 0.0171 THB (High: 0.9447 / Low: 0.9276).

February Spread (Volatile) ±0.0686

April Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0293 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.9974) against the same month in 2022 (average: 1.0533), the exchange rate shifted by -0.0558 (-5.30%).

2023 Avg (October) 0.9974

2022 Avg (October) 1.0533

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9488	0.8935	0.9103
February	0.9646	0.8960	0.9337
March	0.9618	0.9285	0.9429
April	0.9447	0.9276	0.9359
May	0.9511	0.9176	0.9353
June	0.9750	0.9448	0.9538
July	0.9710	0.9307	0.9478
August	0.9706	0.9377	0.9578
September	1.0023	0.9573	0.9789
October	1.0143	0.9815	0.9974
November	0.9880	0.9461	0.9681
December	0.9753	0.9343	0.9519