2023 NIO to TRY Historical Review

YEARLY HIGH

0.8058 TRY

YEARLY LOW

0.5121 TRY

YEARLY AVERAGE

0.6508 TRY

2023 NIO to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.8058. Conversely, the yearly low was recorded on February 5, dropping to 0.5121.

This high-to-low spread represents a total annual volatility of 0.2937 TRY. From a start-to-finish perspective, comparing the January average rate of 0.5148 to the December average rate of 0.7936, the exchange rate registered a net change of 54.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8058 was up 54.08% compared to the 2022 peak of 0.5230, 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 4,029 TRY

2022 Average 2,309 TRY

Yearly Trough Low 2,561 TRY

Transaction Impact: A difference of 1,468.34 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8215

0.4870

JanuMarcMayJulySeptNove

NIO to TRY 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 0.5453, compared to 0.7564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2111 points.

H1 Avg (Jan–Jun) 0.5453

H2 Avg (Jul–Dec) 0.7564

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.1422 TRY (High: 0.7138 / Low: 0.5716). On the other end, January was the most stable month, with a tight range of 0.0042 TRY (High: 0.5168 / Low: 0.5125).

June Spread (Volatile) ±0.1422

January Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.7936) against the same month in 2022 (average: 0.5116), the exchange rate shifted by +0.2820 (+55.11%).

2023 Avg (December) 0.7936

2022 Avg (December) 0.5116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5168	0.5125	0.5148
February	0.5192	0.5121	0.5165
March	0.5274	0.5169	0.5206
April	0.5377	0.5244	0.5297
May	0.5678	0.5328	0.5411
June	0.7138	0.5716	0.6488
July	0.7388	0.7084	0.7247
August	0.7443	0.7085	0.7357
September	0.7506	0.7296	0.7384
October	0.7744	0.7500	0.7624
November	0.7911	0.7733	0.7832
December	0.8058	0.7861	0.7936