2024 MDL to NIO Historical Review

YEARLY HIGH

2.1375 NIO

YEARLY LOW

1.9959 NIO

YEARLY AVERAGE

2.0747 NIO

2024 MDL to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 2.1375. Conversely, the yearly low was recorded on December 25, dropping to 1.9959.

This high-to-low spread represents a total annual volatility of 0.1416 NIO. From a start-to-finish perspective, comparing the January average rate of 2.0799 to the December average rate of 2.0082, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1375 was up 0.81% compared to the 2023 peak of 2.1203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,688 NIO

2023 Average 10,106 NIO

Yearly Trough Low 9,980 NIO

Transaction Impact: A difference of 707.91 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1288

1.9973

JanuMarcMayJulySeptNove

MDL 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 2.0777, compared to 2.0717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 2.0777

H2 Avg (Jul–Dec) 2.0717

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0673 NIO (High: 2.1172 / Low: 2.0499). On the other end, May was the most stable month, with a tight range of 0.0178 NIO (High: 2.0918 / Low: 2.0740).

October Spread (Volatile) ±0.0673

May Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0432 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.1043) against the same month in 2023 (average: 2.0695), the exchange rate shifted by +0.0348 (+1.68%).

2024 Avg (August) 2.1043

2023 Avg (August) 2.0695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1227	2.0625	2.0799
February	2.0764	2.0566	2.0661
March	2.0985	2.0714	2.0835
April	2.0932	2.0560	2.0767
May	2.0918	2.0740	2.0830
June	2.0970	2.0560	2.0768
July	2.0942	2.0659	2.0786
August	2.1375	2.0735	2.1043
September	2.1303	2.1025	2.1178
October	2.1172	2.0499	2.0823
November	2.0707	2.0109	2.0391
December	2.0190	1.9959	2.0082