YEARLY HIGH
49.4060 NIO
YEARLY LOW
45.5092 NIO
YEARLY AVERAGE
47.0094 NIO

2024 FKP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 49.4060. Conversely, the yearly low was recorded on April 21, dropping to 45.5092.

This high-to-low spread represents a total annual volatility of 3.8968 NIO. From a start-to-finish perspective, comparing the January average rate of 46.5752 to the December average rate of 46.4764, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 49.4060 was up 2.96% compared to the 2023 peak of 47.9849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 247,030 NIO
2023 Average 227,349 NIO
Yearly Trough Low 227,546 NIO
Transaction Impact: A difference of 19,483.88 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

48.9173
45.7865
JanuMarcMayJulySeptNove

FKP 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 46.5082, compared to 47.5106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0024 points.

H1 Avg (Jan–Jun) 46.5082
H2 Avg (Jul–Dec) 47.5106

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.1065 NIO (High: 48.7837 / Low: 46.6771). On the other end, January was the most stable month, with a tight range of 0.4583 NIO (High: 46.8011 / Low: 46.3428).

August Spread (Volatile) ±2.1065
January Spread (Stable) ±0.4583

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.1238 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.1238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 48.6564) against the same month in 2023 (average: 45.3117), the exchange rate shifted by +3.3447 (+7.38%).

2024 Avg (September) 48.6564
2023 Avg (September) 45.3117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.8011 46.3428 46.5752
February 46.8553 45.9917 46.4549
March 47.3560 46.1729 46.7388
April 46.6516 45.5092 46.0474
May 47.0500 45.9737 46.4763
June 47.0996 46.4638 46.7567
July 47.8686 46.5531 47.3615
August 48.7837 46.6771 47.6326
September 49.4060 47.9811 48.6564
October 48.7993 47.4506 48.0303
November 47.9963 46.0477 46.9065
December 47.0630 46.0043 46.4764