YEARLY HIGH
10.0713 NIO
YEARLY LOW
9.9431 NIO
YEARLY AVERAGE
10.0144 NIO

2024 AED to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 10.0713. Conversely, the yearly low was recorded on January 7, dropping to 9.9431.

This high-to-low spread represents a total annual volatility of 0.1282 NIO. From a start-to-finish perspective, comparing the January average rate of 9.9785 to the December average rate of 10.0151, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.0713 was up 0.55% compared to the 2023 peak of 10.0159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,357 NIO
2023 Average 49,761 NIO
Yearly Trough Low 49,716 NIO
Transaction Impact: A difference of 641.10 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.0284
9.9739
JanuMarcMayJulySeptNove

AED 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 10.0101, compared to 10.0186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 10.0101
H2 Avg (Jul–Dec) 10.0186

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0871 NIO (High: 10.0400 / Low: 9.9528). On the other end, September was the most stable month, with a tight range of 0.0323 NIO (High: 10.0345 / Low: 10.0021).

August Spread (Volatile) ±0.0871
September Spread (Stable) ±0.0323

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 10.0183) against the same month in 2023 (average: 9.9524), the exchange rate shifted by +0.0659 (+0.66%).

2024 Avg (June) 10.0183
2023 Avg (June) 9.9524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0056 9.9431 9.9785
February 10.0420 9.9903 10.0131
March 10.0490 9.9777 10.0145
April 10.0637 9.9951 10.0227
May 10.0403 9.9773 10.0136
June 10.0713 9.9981 10.0183
July 10.0327 9.9939 10.0191
August 10.0400 9.9528 10.0167
September 10.0345 10.0021 10.0201
October 10.0598 10.0089 10.0238
November 10.0619 9.9975 10.0170
December 10.0329 9.9785 10.0151