2023 NIO to TWD Historical Review

YEARLY HIGH

0.8893 TWD

YEARLY LOW

0.8134 TWD

YEARLY AVERAGE

0.8520 TWD

2023 NIO to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.8893. Conversely, the yearly low was recorded on February 1, dropping to 0.8134.

This high-to-low spread represents a total annual volatility of 0.0759 TWD. From a start-to-finish perspective, comparing the January average rate of 0.8331 to the December average rate of 0.8512, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8893 was down 1.76% compared to the 2022 peak of 0.9052, 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 4,446 TWD

2022 Average 4,151 TWD

Yearly Trough Low 4,067 TWD

Transaction Impact: A difference of 379.36 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8878

0.8243

JanuMarcMayJulySeptNove

NIO to TWD 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 0.8366, compared to 0.8674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0307 points.

H1 Avg (Jan–Jun) 0.8366

H2 Avg (Jul–Dec) 0.8674

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0351 TWD (High: 0.8873 / Low: 0.8522). On the other end, May was the most stable month, with a tight range of 0.0089 TWD (High: 0.8451 / Low: 0.8362).

November Spread (Volatile) ±0.0351

May Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0203 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.8825) against the same month in 2022 (average: 0.8873), the exchange rate shifted by -0.0048 (-0.54%).

2023 Avg (October) 0.8825

2022 Avg (October) 0.8873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8424	0.8223	0.8331
February	0.8433	0.8134	0.8296
March	0.8494	0.8285	0.8371
April	0.8502	0.8310	0.8369
May	0.8451	0.8362	0.8402
June	0.8520	0.8365	0.8430
July	0.8605	0.8438	0.8537
August	0.8748	0.8637	0.8697
September	0.8818	0.8705	0.8755
October	0.8893	0.8743	0.8825
November	0.8873	0.8522	0.8715
December	0.8603	0.8368	0.8512