2023 WST to NIO Historical Review

YEARLY HIGH

13.6322 NIO

YEARLY LOW

12.9930 NIO

YEARLY AVERAGE

13.3823 NIO

2023 WST to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 13.6322. Conversely, the yearly low was recorded on November 5, dropping to 12.9930.

This high-to-low spread represents a total annual volatility of 0.6392 NIO. From a start-to-finish perspective, comparing the January average rate of 13.5231 to the December average rate of 13.0958, the exchange rate registered a net change of -3.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.6322 was down 4.19% compared to the 2022 peak of 14.2282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,161 NIO

2022 Average 67,083 NIO

Yearly Trough Low 64,965 NIO

Transaction Impact: A difference of 3,196.06 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.5736

13.0244

JanuMarcMayJulySeptNove

WST 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 13.4658, compared to 13.2987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1671 points.

H1 Avg (Jan–Jun) 13.4658

H2 Avg (Jul–Dec) 13.2987

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.4386 NIO (High: 13.4822 / Low: 13.0437). On the other end, May was the most stable month, with a tight range of 0.0618 NIO (High: 13.4451 / Low: 13.3833).

October Spread (Volatile) ±0.4386

May Spread (Stable) ±0.0618

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.2345 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 13.5278) against the same month in 2022 (average: 13.5413), the exchange rate shifted by -0.0135 (-0.10%).

2023 Avg (February) 13.5278

2022 Avg (February) 13.5413

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5522	13.4863	13.5231
February	13.6322	13.4691	13.5278
March	13.5727	13.3696	13.5256
April	13.4256	13.2742	13.3984
May	13.4451	13.3833	13.4078
June	13.4589	13.3515	13.4122
July	13.4579	13.3346	13.4084
August	13.5113	13.4272	13.4579
September	13.4888	13.4133	13.4555
October	13.4822	13.0437	13.3047
November	13.1339	12.9930	13.0702
December	13.1375	13.0680	13.0958