YEARLY HIGH
1.6150 PHP
YEARLY LOW
1.5034 PHP
YEARLY AVERAGE
1.5576 PHP

2024 NIO to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1.6150. Conversely, the yearly low was recorded on March 11, dropping to 1.5034.

This high-to-low spread represents a total annual volatility of 0.1116 PHP. From a start-to-finish perspective, comparing the January average rate of 1.5269 to the December average rate of 1.5883, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.6150 was up 3.12% compared to the 2023 peak of 1.5661, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,075 PHP
2023 Average 7,608 PHP
Yearly Trough Low 7,517 PHP
Transaction Impact: A difference of 557.89 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.6029
1.5126
JanuMarcMayJulySeptNove

NIO to PHP 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: JanтАУJun) was 1.5477, compared to 1.5675 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0198 points.

H1 Avg (JanтАУJun) 1.5477
H2 Avg (JulтАУDec) 1.5675

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0605 PHP (High: 1.5865 / Low: 1.5260). On the other end, June was the most stable month, with a tight range of 0.0147 PHP (High: 1.6015 / Low: 1.5867).

October Spread (Volatile) ┬▒0.0605
June Spread (Stable) ┬▒0.0147

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0403 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.5883) against the same month in 2023 (average: 1.5141), the exchange rate shifted by +0.0742 (+4.90%).

2024 Avg (December) 1.5883
2023 Avg (December) 1.5141

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.5394 1.5094 1.5269
February 1.5359 1.5157 1.5233
March 1.5389 1.5034 1.5201
April 1.5722 1.5291 1.5497
May 1.5923 1.5538 1.5709
June 1.6015 1.5867 1.5953
July 1.5976 1.5814 1.5890
August 1.5850 1.5247 1.5487
September 1.5388 1.5091 1.5226
October 1.5865 1.5260 1.5611
November 1.6058 1.5819 1.5953
December 1.6150 1.5712 1.5883