2024 LRD to NIO Historical Review

YEARLY HIGH

0.2056 NIO

YEARLY LOW

0.1840 NIO

YEARLY AVERAGE

0.1923 NIO

2024 LRD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.2056. Conversely, the yearly low was recorded on September 22, dropping to 0.1840.

This high-to-low spread represents a total annual volatility of 0.0216 NIO. From a start-to-finish perspective, comparing the January average rate of 0.1938 to the December average rate of 0.2037, the exchange rate registered a net change of 5.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2056 was down 14.03% compared to the 2023 peak of 0.2391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,028 NIO

2023 Average 1,052 NIO

Yearly Trough Low 920 NIO

Transaction Impact: A difference of 107.82 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2053

0.1866

JanuMarcMayJulySeptNove

LRD 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 0.1914, compared to 0.1931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1914

H2 Avg (Jul–Dec) 0.1931

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0141 NIO (High: 0.2056 / Low: 0.1915). On the other end, June was the most stable month, with a tight range of 0.0010 NIO (High: 0.1902 / Low: 0.1892).

November Spread (Volatile) ±0.0141

June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0020 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1990) against the same month in 2023 (average: 0.1949), the exchange rate shifted by +0.0041 (+2.11%).

2024 Avg (November) 0.1990

2023 Avg (November) 0.1949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1948	0.1929	0.1938
February	0.1940	0.1920	0.1931
March	0.1921	0.1902	0.1911
April	0.1957	0.1903	0.1910
May	0.1905	0.1894	0.1900
June	0.1902	0.1892	0.1896
July	0.1896	0.1884	0.1888
August	0.1889	0.1856	0.1881
September	0.1899	0.1840	0.1882
October	0.1918	0.1897	0.1911
November	0.2056	0.1915	0.1990
December	0.2056	0.2000	0.2037