2024 MMK to NIO Historical Review

YEARLY HIGH

0.0176 NIO

YEARLY LOW

0.0113 NIO

YEARLY AVERAGE

0.0174 NIO

2024 MMK to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0176. Conversely, the yearly low was recorded on July 20, dropping to 0.0113.

This high-to-low spread represents a total annual volatility of 0.0063 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0175 to the December average rate of 0.0175, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0176 was up 0.39% compared to the 2023 peak of 0.0176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88 NIO

2023 Average 87 NIO

Yearly Trough Low 57 NIO

Transaction Impact: A difference of 31.55 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0177

0.0163

JanuMarcMayJulySeptNove

MMK 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 0.0174, compared to 0.0174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0174

H2 Avg (Jul–Dec) 0.0174

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0062 NIO (High: 0.0176 / Low: 0.0113). On the other end, May was the most stable month, with a tight range of 0.0001 NIO (High: 0.0175 / Low: 0.0175).

July Spread (Volatile) ±0.0062

May Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0175) against the same month in 2023 (average: 0.0174), the exchange rate shifted by +0.0001 (+0.74%).

2024 Avg (April) 0.0175

2023 Avg (April) 0.0174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0175	0.0174	0.0175
February	0.0175	0.0174	0.0175
March	0.0175	0.0175	0.0175
April	0.0176	0.0175	0.0175
May	0.0175	0.0175	0.0175
June	0.0176	0.0148	0.0169
July	0.0176	0.0113	0.0164
August	0.0176	0.0174	0.0175
September	0.0176	0.0175	0.0175
October	0.0176	0.0175	0.0175
November	0.0176	0.0175	0.0175
December	0.0176	0.0175	0.0175