2024 BBD to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BBD to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BBD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 18.4959. Conversely, the yearly low was recorded on January 7, dropping to 18.2595.
This high-to-low spread represents a total annual volatility of 0.2365 NIO. From a start-to-finish perspective, comparing the January average rate of 18.3249 to the December average rate of 18.3927, 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 18.4959 was up 0.56% compared to the 2023 peak of 18.3924, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BBD to NIO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18.3827, compared to 18.3992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0164 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.1597 NIO (High: 18.4381 / Low: 18.2784). On the other end, September was the most stable month, with a tight range of 0.0594 NIO (High: 18.4281 / Low: 18.3687).
Growth Streaks & Declines
TrendsBetween 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 0.0148 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 18.3986) against the same month in 2023 (average: 18.2775), the exchange rate shifted by +0.1211 (+0.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.3750 | 18.2595 | 18.3249 |
| February | 18.4418 | 18.3473 | 18.3888 |
| March | 18.4524 | 18.3211 | 18.3899 |
| April | 18.4800 | 18.3534 | 18.4045 |
| May | 18.4385 | 18.3232 | 18.3897 |
| June | 18.4959 | 18.3615 | 18.3986 |
| July | 18.4250 | 18.3537 | 18.4001 |
| August | 18.4381 | 18.2784 | 18.3955 |
| September | 18.4281 | 18.3687 | 18.4018 |
| October | 18.4748 | 18.3814 | 18.4088 |
| November | 18.4786 | 18.3604 | 18.3961 |
| December | 18.4253 | 18.3256 | 18.3927 |