YEARLY HIGH
0.0749 XCD
YEARLY LOW
0.0735 XCD
YEARLY AVERAGE
0.0739 XCD

2023 NIO to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0749. Conversely, the yearly low was recorded on December 17, dropping to 0.0735.

This high-to-low spread represents a total annual volatility of 0.0015 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0741 to the December average rate of 0.0737, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0749 was down 2.41% compared to the 2022 peak of 0.0768, 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 375 XCD
2022 Average 377 XCD
Yearly Trough Low 367 XCD
Transaction Impact: A difference of 7.33 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0741
0.0737
JanuMarcMayJulySeptNove

NIO to XCD 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 0.0740, compared to 0.0739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0740
H2 Avg (Jul–Dec) 0.0739

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0011 XCD (High: 0.0749 / Low: 0.0738). On the other end, May was the most stable month, with a tight range of 0.0003 XCD (High: 0.0741 / Low: 0.0738).

March Spread (Volatile) ±0.0011
May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0740) against the same month in 2022 (average: 0.0754), the exchange rate shifted by -0.0013 (-1.78%).

2023 Avg (March) 0.0740
2022 Avg (March) 0.0754

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0743 0.0739 0.0741
February 0.0744 0.0735 0.0741
March 0.0749 0.0738 0.0740
April 0.0747 0.0739 0.0740
May 0.0741 0.0738 0.0740
June 0.0743 0.0737 0.0739
July 0.0744 0.0738 0.0740
August 0.0740 0.0736 0.0739
September 0.0741 0.0737 0.0739
October 0.0742 0.0737 0.0739
November 0.0743 0.0735 0.0738
December 0.0739 0.0735 0.0737