2023 TWD to NIO Historical Review

YEARLY HIGH

1.2294 NIO

YEARLY LOW

1.1245 NIO

YEARLY AVERAGE

1.1743 NIO

2023 TWD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.2294. Conversely, the yearly low was recorded on October 28, dropping to 1.1245.

This high-to-low spread represents a total annual volatility of 0.1049 NIO. From a start-to-finish perspective, comparing the January average rate of 1.2004 to the December average rate of 1.1748, the exchange rate registered a net change of -2.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2294 was down 6.37% compared to the 2022 peak of 1.3130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,147 NIO

2022 Average 6,032 NIO

Yearly Trough Low 5,623 NIO

Transaction Impact: A difference of 524.47 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2127

1.1259

JanuMarcMayJulySeptNove

TWD 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 1.1953, compared to 1.1532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0422 points.

H1 Avg (Jan–Jun) 1.1953

H2 Avg (Jul–Dec) 1.1532

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0464 NIO (High: 1.1734 / Low: 1.1270). On the other end, May was the most stable month, with a tight range of 0.0125 NIO (High: 1.1959 / Low: 1.1833).

November Spread (Volatile) ±0.0464

May Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0216 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.2055) against the same month in 2022 (average: 1.2728), the exchange rate shifted by -0.0673 (-5.29%).

2023 Avg (February) 1.2055

2022 Avg (February) 1.2728

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2161	1.1871	1.2004
February	1.2294	1.1858	1.2055
March	1.2070	1.1773	1.1947
April	1.2034	1.1762	1.1950
May	1.1959	1.1833	1.1902
June	1.1955	1.1737	1.1863
July	1.1851	1.1621	1.1714
August	1.1578	1.1431	1.1498
September	1.1488	1.1340	1.1422
October	1.1438	1.1245	1.1331
November	1.1734	1.1270	1.1476
December	1.1951	1.1625	1.1748