YEARLY HIGH
0.6339 NIO
YEARLY LOW
0.6023 NIO
YEARLY AVERAGE
0.6189 NIO

2024 DOP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.6339. Conversely, the yearly low was recorded on December 31, dropping to 0.6023.

This high-to-low spread represents a total annual volatility of 0.0316 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6255 to the December average rate of 0.6061, the exchange rate registered a net change of -3.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6339 was down 5.62% compared to the 2023 peak of 0.6716, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,170 NIO
2023 Average 3,265 NIO
Yearly Trough Low 3,011 NIO
Transaction Impact: A difference of 158.22 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6313
0.6038
JanuMarcMayJulySeptNove

DOP 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 0.6247, compared to 0.6131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.6247
H2 Avg (Jul–Dec) 0.6131

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0137 NIO (High: 0.6339 / Low: 0.6203). On the other end, July was the most stable month, with a tight range of 0.0031 NIO (High: 0.6239 / Low: 0.6207).

May Spread (Volatile) ±0.0137
July Spread (Stable) ±0.0031

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 May and June, when the average rate fell by 0.0080 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.6290) against the same month in 2023 (average: 0.6701), the exchange rate shifted by -0.0411 (-6.13%).

2024 Avg (May) 0.6290
2023 Avg (May) 0.6701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6331 0.6214 0.6255
February 0.6293 0.6228 0.6266
March 0.6277 0.6192 0.6233
April 0.6308 0.6183 0.6230
May 0.6339 0.6203 0.6290
June 0.6239 0.6142 0.6211
July 0.6239 0.6207 0.6222
August 0.6255 0.6142 0.6173
September 0.6171 0.6090 0.6133
October 0.6120 0.6076 0.6102
November 0.6115 0.6079 0.6097
December 0.6094 0.6023 0.6061