YEARLY HIGH
0.0284 NIO
YEARLY LOW
0.0279 NIO
YEARLY AVERAGE
0.0281 NIO

2024 IQD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0284. Conversely, the yearly low was recorded on June 8, dropping to 0.0279.

This high-to-low spread represents a total annual volatility of 0.0005 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0281, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0284 was up 0.56% compared to the 2023 peak of 0.0282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142 NIO
2023 Average 135 NIO
Yearly Trough Low 139 NIO
Transaction Impact: A difference of 2.64 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0281
0.0280
JanuMarcMayJulySeptNove

IQD 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 0.0281, compared to 0.0281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0281
H2 Avg (Jul–Dec) 0.0281

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 NIO (High: 0.0284 / Low: 0.0281). On the other end, December was the most stable month, with a tight range of 0.0000 NIO (High: 0.0281 / Low: 0.0281).

August Spread (Volatile) ±0.0003
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0281) against the same month in 2023 (average: 0.0279), the exchange rate shifted by +0.0002 (+0.70%).

2024 Avg (August) 0.0281
2023 Avg (August) 0.0279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0281 0.0279 0.0280
February 0.0281 0.0279 0.0281
March 0.0281 0.0281 0.0281
April 0.0283 0.0281 0.0281
May 0.0282 0.0280 0.0281
June 0.0281 0.0279 0.0281
July 0.0281 0.0281 0.0281
August 0.0284 0.0281 0.0281
September 0.0281 0.0279 0.0281
October 0.0281 0.0281 0.0281
November 0.0281 0.0279 0.0281
December 0.0281 0.0281 0.0281