2024 ETB to NIO Historical Review

YEARLY HIGH

0.6534 NIO

YEARLY LOW

0.2877 NIO

YEARLY AVERAGE

0.5072 NIO

2024 ETB to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.6534. Conversely, the yearly low was recorded on December 31, dropping to 0.2877.

This high-to-low spread represents a total annual volatility of 0.3657 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6495 to the December average rate of 0.2905, the exchange rate registered a net change of -55.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6534 was down 4.10% compared to the 2023 peak of 0.6814, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,267 NIO

2023 Average 3,339 NIO

Yearly Trough Low 1,438 NIO

Transaction Impact: A difference of 1,828.65 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6854

0.2546

JanuMarcMayJulySeptNove

ETB 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 0.6459, compared to 0.3685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2775 points.

H1 Avg (Jan–Jun) 0.6459

H2 Avg (Jul–Dec) 0.3685

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1537 NIO (High: 0.6420 / Low: 0.4883). On the other end, May was the most stable month, with a tight range of 0.0054 NIO (High: 0.6455 / Low: 0.6401).

July Spread (Volatile) ±0.1537

May Spread (Stable) ±0.0054

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 July and August, when the average rate fell by 0.2711 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.2711

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6495) against the same month in 2023 (average: 0.6801), the exchange rate shifted by -0.0306 (-4.50%).

2024 Avg (January) 0.6495

2023 Avg (January) 0.6801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6534	0.6469	0.6495
February	0.6525	0.6456	0.6495
March	0.6519	0.6459	0.6483
April	0.6519	0.6412	0.6469
May	0.6455	0.6401	0.6415
June	0.6440	0.6373	0.6399
July	0.6420	0.4883	0.6332
August	0.4671	0.3264	0.3621
September	0.3337	0.3069	0.3189
October	0.3106	0.3016	0.3059
November	0.3064	0.2911	0.3001
December	0.2960	0.2877	0.2905