YEARLY HIGH
18.3758 NIO
YEARLY LOW
18.1322 NIO
YEARLY AVERAGE
18.2528 NIO

2024 BZD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 18.3758. Conversely, the yearly low was recorded on February 4, dropping to 18.1322.

This high-to-low spread represents a total annual volatility of 0.2436 NIO. From a start-to-finish perspective, comparing the January average rate of 18.1851 to the December average rate of 18.2816, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.3758 was up 0.38% compared to the 2023 peak of 18.3056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,879 NIO
2023 Average 90,718 NIO
Yearly Trough Low 90,661 NIO
Transaction Impact: A difference of 1,217.98 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.2913
18.1755
JanuMarcMayJulySeptNove

BZD 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 18.2437, compared to 18.2619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 18.2437
H2 Avg (Jul–Dec) 18.2619

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.1474 NIO (High: 18.2796 / Low: 18.1322). On the other end, October was the most stable month, with a tight range of 0.0268 NIO (High: 18.2633 / Low: 18.2365).

February Spread (Volatile) ±0.1474
October Spread (Stable) ±0.0268

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 0.0146 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 18.2685) against the same month in 2023 (average: 18.1349), the exchange rate shifted by +0.1336 (+0.74%).

2024 Avg (April) 18.2685
2023 Avg (April) 18.1349

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.2283 18.1548 18.1851
February 18.2796 18.1322 18.2426
March 18.2746 18.2080 18.2575
April 18.3758 18.2410 18.2685
May 18.3099 18.2212 18.2540
June 18.2654 18.2322 18.2547
July 18.2835 18.2398 18.2630
August 18.3011 18.2439 18.2683
September 18.2708 18.2251 18.2556
October 18.2633 18.2365 18.2536
November 18.3170 18.2179 18.2491
December 18.3387 18.2410 18.2816