2024 CAD to NIO Historical Review

YEARLY HIGH

27.7120 NIO

YEARLY LOW

25.4475 NIO

YEARLY AVERAGE

26.8485 NIO

2024 CAD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 27.7120. Conversely, the yearly low was recorded on December 18, dropping to 25.4475.

This high-to-low spread represents a total annual volatility of 2.2645 NIO. From a start-to-finish perspective, comparing the January average rate of 27.3144 to the December average rate of 25.7952, the exchange rate registered a net change of -5.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.7120 was down 0.58% compared to the 2023 peak of 27.8737, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 138,560 NIO

2023 Average 135,393 NIO

Yearly Trough Low 127,237 NIO

Transaction Impact: A difference of 11,322.58 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.4664

25.6433

JanuMarcMayJulySeptNove

CAD 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 27.0659, compared to 26.6310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4349 points.

H1 Avg (Jan–Jun) 27.0659

H2 Avg (Jul–Dec) 26.6310

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.0345 NIO (High: 27.3675 / Low: 26.3330). On the other end, May was the most stable month, with a tight range of 0.3238 NIO (High: 27.0696 / Low: 26.7459).

August Spread (Volatile) ±1.0345

May Spread (Stable) ±0.3238

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.5175 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 27.3144) against the same month in 2023 (average: 27.1833), the exchange rate shifted by +0.1312 (+0.48%).

2024 Avg (January) 27.3144

2023 Avg (January) 27.1833

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.7120	27.1035	27.3144
February	27.4642	27.0531	27.2536
March	27.3365	26.8924	27.1624
April	27.1961	26.6166	26.9069
May	27.0696	26.7459	26.9100
June	27.0042	26.6776	26.8481
July	27.0433	26.5737	26.8324
August	27.3675	26.3330	26.9223
September	27.4173	27.0349	27.1651
October	27.2428	26.4013	26.7584
November	26.5988	26.0754	26.3128
December	26.2441	25.4475	25.7952