2024 CVE to NIO Historical Review

YEARLY HIGH

0.3725 NIO

YEARLY LOW

0.3463 NIO

YEARLY AVERAGE

0.3607 NIO

2024 CVE to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.3725. Conversely, the yearly low was recorded on December 20, dropping to 0.3463.

This high-to-low spread represents a total annual volatility of 0.0262 NIO. From a start-to-finish perspective, comparing the January average rate of 0.3624 to the December average rate of 0.3496, the exchange rate registered a net change of -3.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3725 was down 0.19% compared to the 2023 peak of 0.3732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,862 NIO

2023 Average 1,791 NIO

Yearly Trough Low 1,731 NIO

Transaction Impact: A difference of 130.95 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3724

0.3475

JanuMarcMayJulySeptNove

CVE 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 0.3602, compared to 0.3611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.3602

H2 Avg (Jul–Dec) 0.3611

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0163 NIO (High: 0.3635 / Low: 0.3472). On the other end, September was the most stable month, with a tight range of 0.0047 NIO (High: 0.3725 / Low: 0.3678).

November Spread (Volatile) ±0.0163

September Spread (Stable) ±0.0047

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 0.0088 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3703) against the same month in 2023 (average: 0.3542), the exchange rate shifted by +0.0161 (+4.55%).

2024 Avg (September) 0.3703

2023 Avg (September) 0.3542

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3677	0.3597	0.3624
February	0.3618	0.3568	0.3596
March	0.3652	0.3592	0.3622
April	0.3623	0.3545	0.3583
May	0.3631	0.3543	0.3600
June	0.3631	0.3557	0.3588
July	0.3649	0.3573	0.3619
August	0.3723	0.3595	0.3668
September	0.3725	0.3678	0.3703
October	0.3695	0.3594	0.3635
November	0.3635	0.3472	0.3546
December	0.3533	0.3463	0.3496