2023 QAR to NIO Historical Review

YEARLY HIGH

10.1513 NIO

YEARLY LOW

9.9220 NIO

YEARLY AVERAGE

10.0327 NIO

2023 QAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 10.1513. Conversely, the yearly low was recorded on February 4, dropping to 9.9220.

This high-to-low spread represents a total annual volatility of 0.2293 NIO. From a start-to-finish perspective, comparing the January average rate of 10.0108 to the December average rate of 10.0609, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.1513 was down 0.89% compared to the 2022 peak of 10.2427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,757 NIO

2022 Average 49,221 NIO

Yearly Trough Low 49,610 NIO

Transaction Impact: A difference of 1,146.63 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.0664

10.0006

JanuMarcMayJulySeptNove

QAR 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 10.0192, compared to 10.0462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 10.0192

H2 Avg (Jul–Dec) 10.0462

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.2098 NIO (High: 10.1513 / Low: 9.9415). On the other end, August was the most stable month, with a tight range of 0.0185 NIO (High: 10.0462 / Low: 10.0277).

April Spread (Volatile) ±0.2098

August Spread (Stable) ±0.0185

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 10.0175) against the same month in 2022 (average: 9.8317), the exchange rate shifted by +0.1858 (+1.89%).

2023 Avg (April) 10.0175

2022 Avg (April) 9.8317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0340	9.9663	10.0108
February	10.0511	9.9220	10.0061
March	10.0487	9.9325	10.0083
April	10.1513	9.9415	10.0175
May	10.0580	10.0182	10.0362
June	10.0641	9.9881	10.0362
July	10.0747	9.9818	10.0353
August	10.0462	10.0277	10.0396
September	10.0712	10.0149	10.0438
October	10.0646	10.0042	10.0414
November	10.1369	10.0024	10.0559
December	10.1023	10.0323	10.0609