2023 NIO to WST Historical Review

YEARLY HIGH

0.0770 WST

YEARLY LOW

0.0734 WST

YEARLY AVERAGE

0.0747 WST

2023 NIO to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0770. Conversely, the yearly low was recorded on February 5, dropping to 0.0734.

This high-to-low spread represents a total annual volatility of 0.0036 WST. From a start-to-finish perspective, comparing the January average rate of 0.0739 to the December average rate of 0.0764, the exchange rate registered a net change of 3.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0770 was down 3.00% compared to the 2022 peak of 0.0793, 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 385 WST

2022 Average 373 WST

Yearly Trough Low 367 WST

Transaction Impact: A difference of 18.04 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0768

0.0737

JanuMarcMayJulySeptNove

NIO to WST 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 0.0743, compared to 0.0752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0743

H2 Avg (Jul–Dec) 0.0752

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0025 WST (High: 0.0767 / Low: 0.0742). On the other end, May was the most stable month, with a tight range of 0.0003 WST (High: 0.0747 / Low: 0.0744).

October Spread (Volatile) ±0.0025

May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0765) against the same month in 2022 (average: 0.0779), the exchange rate shifted by -0.0014 (-1.77%).

2023 Avg (November) 0.0765

2022 Avg (November) 0.0779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0741	0.0738	0.0739
February	0.0742	0.0734	0.0739
March	0.0748	0.0737	0.0739
April	0.0753	0.0745	0.0746
May	0.0747	0.0744	0.0746
June	0.0749	0.0743	0.0746
July	0.0750	0.0743	0.0746
August	0.0745	0.0740	0.0743
September	0.0746	0.0741	0.0743
October	0.0767	0.0742	0.0752
November	0.0770	0.0761	0.0765
December	0.0765	0.0761	0.0764