YEARLY HIGH
0.2814 NIO
YEARLY LOW
0.2741 NIO
YEARLY AVERAGE
0.2768 NIO

2023 NPR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 0.2814. Conversely, the yearly low was recorded on August 15, dropping to 0.2741.

This high-to-low spread represents a total annual volatility of 0.0073 NIO. From a start-to-finish perspective, comparing the January average rate of 0.2787 to the December average rate of 0.2751, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2814 was down 8.02% compared to the 2022 peak of 0.3059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 1,407 NIO
2022 Average 1,428 NIO
Yearly Trough Low 1,371 NIO
Transaction Impact: A difference of 36.31 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2791
0.2746
JanuMarcMayJulySeptNove

NPR to NIO 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 0.2778, compared to 0.2758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.2778
H2 Avg (Jul–Dec) 0.2758

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0065 NIO (High: 0.2814 / Low: 0.2748). On the other end, October was the most stable month, with a tight range of 0.0009 NIO (High: 0.2755 / Low: 0.2746).

January Spread (Volatile) ±0.0065
October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2787) against the same month in 2022 (average: 0.2976), the exchange rate shifted by -0.0189 (-6.37%).

2023 Avg (January) 0.2787
2022 Avg (January) 0.2976

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2814 0.2748 0.2787
February 0.2791 0.2747 0.2761
March 0.2797 0.2750 0.2775
April 0.2801 0.2776 0.2787
May 0.2798 0.2758 0.2776
June 0.2792 0.2761 0.2780
July 0.2793 0.2760 0.2781
August 0.2783 0.2741 0.2761
September 0.2766 0.2746 0.2754
October 0.2755 0.2746 0.2750
November 0.2759 0.2743 0.2749
December 0.2765 0.2742 0.2751