2023 NIO to YER Historical Review

YEARLY HIGH

6.9402 YER

YEARLY LOW

6.7917 YER

YEARLY AVERAGE

6.8483 YER

2023 NIO to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6.9402. Conversely, the yearly low was recorded on December 21, dropping to 6.7917.

This high-to-low spread represents a total annual volatility of 0.1485 YER. From a start-to-finish perspective, comparing the January average rate of 6.8622 to the December average rate of 6.8241, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.9402 was down 2.39% compared to the 2022 peak of 7.1105, 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 34,701 YER

2022 Average 34,887 YER

Yearly Trough Low 33,959 YER

Transaction Impact: A difference of 742.45 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.8660

6.8203

JanuMarcMayJulySeptNove

NIO to YER 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 6.8557, compared to 6.8409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 6.8557

H2 Avg (Jul–Dec) 6.8409

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1053 YER (High: 6.9402 / Low: 6.8349). On the other end, January was the most stable month, with a tight range of 0.0300 YER (High: 6.8795 / Low: 6.8494).

March Spread (Volatile) ±0.1053

January Spread (Stable) ±0.0300

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 0.0162 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 6.8581) against the same month in 2022 (average: 6.9812), the exchange rate shifted by -0.1232 (-1.76%).

2023 Avg (March) 6.8581

2022 Avg (March) 6.9812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.8795	6.8494	6.8622
February	6.8903	6.8051	6.8602
March	6.9402	6.8349	6.8581
April	6.9198	6.8416	6.8553
May	6.8634	6.8318	6.8502
June	6.8797	6.8248	6.8483
July	6.8884	6.8402	6.8521
August	6.8586	6.8126	6.8418
September	6.8650	6.8286	6.8439
October	6.8743	6.8318	6.8434
November	6.8814	6.8063	6.8403
December	6.8417	6.7917	6.8241