YEARLY HIGH
28.7233 NIO
YEARLY LOW
26.9096 NIO
YEARLY AVERAGE
27.5329 NIO

2024 BND to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 28.7233. Conversely, the yearly low was recorded on May 1, dropping to 26.9096.

This high-to-low spread represents a total annual volatility of 1.8137 NIO. From a start-to-finish perspective, comparing the January average rate of 27.4527 to the December average rate of 27.2490, the exchange rate registered a net change of -0.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.7233 was up 3.03% compared to the 2023 peak of 27.8789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 143,617 NIO
2023 Average 136,147 NIO
Yearly Trough Low 134,548 NIO
Transaction Impact: A difference of 9,068.69 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.5137
27.0182
JanuMarcMayJulySeptNove

BND 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 27.3034, compared to 27.7624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4590 points.

H1 Avg (Jan–Jun) 27.3034
H2 Avg (Jul–Dec) 27.7624

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.8134 NIO (High: 28.5751 / Low: 27.7617). On the other end, June was the most stable month, with a tight range of 0.1957 NIO (High: 27.3261 / Low: 27.1304).

October Spread (Volatile) ±0.8134
June Spread (Stable) ±0.1957

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.5654 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 28.3891) against the same month in 2023 (average: 26.8503), the exchange rate shifted by +1.5388 (+5.73%).

2024 Avg (September) 28.3891
2023 Avg (September) 26.8503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.7405 27.2726 27.4527
February 27.5386 27.2369 27.3512
March 27.6737 27.2494 27.4373
April 27.3442 26.9668 27.1428
May 27.3661 26.9096 27.2190
June 27.3261 27.1304 27.2172
July 27.4620 27.0892 27.3356
August 28.2714 27.5342 27.9650
September 28.7233 28.1036 28.3891
October 28.5751 27.7617 28.1007
November 27.9516 27.2335 27.5353
December 27.4804 26.9970 27.2490