2023 SRD to NIO Historical Review

YEARLY HIGH

1.1559 NIO

YEARLY LOW

0.9473 NIO

YEARLY AVERAGE

1.0027 NIO

2023 SRD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 1.1559. Conversely, the yearly low was recorded on July 31, dropping to 0.9473.

This high-to-low spread represents a total annual volatility of 0.2087 NIO. From a start-to-finish perspective, comparing the January average rate of 1.1466 to the December average rate of 0.9815, the exchange rate registered a net change of -14.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1559 was down 36.24% compared to the 2022 peak of 1.8129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,780 NIO

2022 Average 7,576 NIO

Yearly Trough Low 4,736 NIO

Transaction Impact: A difference of 1,043.26 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1658

0.9359

JanuMarcMayJulySeptNove

SRD 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 1.0427, compared to 0.9628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0800 points.

H1 Avg (Jan–Jun) 1.0427

H2 Avg (Jul–Dec) 0.9628

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0781 NIO (High: 1.0914 / Low: 1.0132). On the other end, October was the most stable month, with a tight range of 0.0113 NIO (High: 0.9638 / Low: 0.9525).

March Spread (Volatile) ±0.0781

October Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0624 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.1466) against the same month in 2022 (average: 1.6749), the exchange rate shifted by -0.5283 (-31.54%).

2023 Avg (January) 1.1466

2022 Avg (January) 1.6749

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1559	1.1269	1.1466
February	1.1391	1.0764	1.1126
March	1.0914	1.0132	1.0556
April	1.0233	0.9699	0.9931
May	0.9842	0.9660	0.9786
June	0.9828	0.9539	0.9697
July	0.9887	0.9473	0.9617
August	0.9609	0.9483	0.9559
September	0.9601	0.9487	0.9551
October	0.9638	0.9525	0.9589
November	0.9729	0.9536	0.9635
December	0.9980	0.9673	0.9815