YEARLY HIGH
2.8745 NIO
YEARLY LOW
2.5758 NIO
YEARLY AVERAGE
2.7212 NIO

2023 SCR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 2.8745. Conversely, the yearly low was recorded on February 10, dropping to 2.5758.

This high-to-low spread represents a total annual volatility of 0.2986 NIO. From a start-to-finish perspective, comparing the January average rate of 2.6950 to the December average rate of 2.7302, the exchange rate registered a net change of 1.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8745 was up 1.56% compared to the 2022 peak of 2.8303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,372 NIO
2022 Average 13,247 NIO
Yearly Trough Low 12,879 NIO
Transaction Impact: A difference of 1,493.22 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7959
2.6570
JanuMarcMayJulySeptNove

SCR 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 2.6972, compared to 2.7452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0480 points.

H1 Avg (Jan–Jun) 2.6972
H2 Avg (Jul–Dec) 2.7452

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2470 NIO (High: 2.8279 / Low: 2.5809). On the other end, August was the most stable month, with a tight range of 0.1038 NIO (High: 2.7806 / Low: 2.6768).

January Spread (Volatile) ±0.2470
August Spread (Stable) ±0.1038

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.0394 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.7843) against the same month in 2022 (average: 2.6799), the exchange rate shifted by +0.1045 (+3.90%).

2023 Avg (September) 2.7843
2022 Avg (September) 2.6799

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8279 2.5809 2.6950
February 2.8037 2.5758 2.6942
March 2.8117 2.5948 2.7131
April 2.8304 2.6052 2.7040
May 2.7854 2.5970 2.7080
June 2.7850 2.5819 2.6686
July 2.8079 2.5777 2.7345
August 2.7806 2.6768 2.7360
September 2.8745 2.6855 2.7843
October 2.8734 2.6521 2.7459
November 2.8088 2.6699 2.7400
December 2.8400 2.6225 2.7302