YEARLY HIGH
632.8550 STD
YEARLY LOW
605.7323 STD
YEARLY AVERAGE
618.0921 STD

2023 NIO to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NIO to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 632.8550. Conversely, the yearly low was recorded on December 17, dropping to 605.7323.

This high-to-low spread represents a total annual volatility of 27.1227 STD. From a start-to-finish perspective, comparing the January average rate of 625.6730 to the December average rate of 607.6612, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 632.8550 was down 4.19% compared to the 2022 peak of 660.5126, 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 3,164,275 STD
2022 Average 3,090,254 STD
Yearly Trough Low 3,028,661 STD
Transaction Impact: A difference of 135,613.66 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

627.4742
605.8600
JanuMarcMayJulySeptNove

NIO to STD 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 625.0757, compared to 611.1085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.9671 points.

H1 Avg (Jan–Jun) 625.0757
H2 Avg (Jul–Dec) 611.1085

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 18.9669 STD (High: 628.0047 / Low: 609.0378). On the other end, May was the most stable month, with a tight range of 2.8779 STD (High: 625.7231 / Low: 622.8452).

July Spread (Volatile) ±18.9669
May Spread (Stable) ±2.8779

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 July and August, when the average rate fell by 13.8018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -13.8018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 625.3534) against the same month in 2022 (average: 597.0981), the exchange rate shifted by +28.2553 (+4.73%).

2023 Avg (March) 625.3534
2022 Avg (March) 597.0981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 627.3774 624.3281 625.6730
February 628.1800 620.6620 625.4562
March 632.8550 623.3832 625.3534
April 630.8626 623.7481 625.0201
May 625.7231 622.8452 624.5767
June 627.2119 622.2080 624.3744
July 628.0047 609.0378 622.8398
August 610.4313 606.6278 609.0380
September 611.0606 607.6411 609.1474
October 611.7110 607.9374 609.1098
November 612.4662 605.8953 608.8549
December 608.9530 605.7323 607.6612