YEARLY HIGH
0.0129 NIO
YEARLY LOW
0.0124 NIO
YEARLY AVERAGE
0.0128 NIO

2024 BIF to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0129. Conversely, the yearly low was recorded on December 31, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0004 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0125, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0129 was down 27.33% compared to the 2023 peak of 0.0177, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 NIO
2023 Average 73 NIO
Yearly Trough Low 62 NIO
Transaction Impact: A difference of 2.24 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0129
0.0124
JanuMarcMayJulySeptNove

BIF 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 0.0128, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0128
H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0003 NIO (High: 0.0127 / Low: 0.0124). On the other end, July was the most stable month, with a tight range of 0.0000 NIO (High: 0.0128 / Low: 0.0128).

December Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0129) against the same month in 2023 (average: 0.0176), the exchange rate shifted by -0.0047 (-26.94%).

2024 Avg (February) 0.0129
2023 Avg (February) 0.0176

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0129 0.0128 0.0128
February 0.0129 0.0128 0.0129
March 0.0129 0.0128 0.0129
April 0.0129 0.0128 0.0128
May 0.0128 0.0128 0.0128
June 0.0128 0.0127 0.0128
July 0.0128 0.0128 0.0128
August 0.0128 0.0127 0.0128
September 0.0128 0.0127 0.0127
October 0.0127 0.0125 0.0127
November 0.0127 0.0125 0.0126
December 0.0127 0.0124 0.0125