2024 AFN to NIO Historical Review

YEARLY HIGH

0.5650 NIO

YEARLY LOW

0.4887 NIO

YEARLY AVERAGE

0.5220 NIO

2024 AFN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.5650. Conversely, the yearly low was recorded on February 3, dropping to 0.4887.

This high-to-low spread represents a total annual volatility of 0.0762 NIO. From a start-to-finish perspective, comparing the January average rate of 0.5125 to the December average rate of 0.5300, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5650 was up 6.58% compared to the 2023 peak of 0.5301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,825 NIO

2023 Average 2,226 NIO

Yearly Trough Low 2,444 NIO

Transaction Impact: A difference of 381.18 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5536

0.4981

JanuMarcMayJulySeptNove

AFN 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 0.5121, compared to 0.5320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.5121

H2 Avg (Jul–Dec) 0.5320

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0315 NIO (High: 0.5246 / Low: 0.4931). On the other end, July was the most stable month, with a tight range of 0.0072 NIO (High: 0.5248 / Low: 0.5175).

January Spread (Volatile) ±0.0315

July Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0137 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.5490) against the same month in 2023 (average: 0.4844), the exchange rate shifted by +0.0645 (+13.32%).

2024 Avg (October) 0.5490

2023 Avg (October) 0.4844

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5246	0.4931	0.5125
February	0.5086	0.4887	0.5027
March	0.5169	0.5040	0.5096
April	0.5173	0.5091	0.5128
May	0.5213	0.5078	0.5132
June	0.5284	0.5127	0.5217
July	0.5248	0.5175	0.5201
August	0.5260	0.5158	0.5197
September	0.5412	0.5185	0.5296
October	0.5650	0.5355	0.5490
November	0.5498	0.5381	0.5436
December	0.5458	0.5224	0.5300