2024 MXN to NIO Historical Review

YEARLY HIGH

2.2526 NIO

YEARLY LOW

1.7635 NIO

YEARLY AVERAGE

2.0191 NIO

2024 MXN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 2.2526. Conversely, the yearly low was recorded on December 31, dropping to 1.7635.

This high-to-low spread represents a total annual volatility of 0.4891 NIO. From a start-to-finish perspective, comparing the January average rate of 2.1487 to the December average rate of 1.8164, the exchange rate registered a net change of -15.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2526 was up 2.98% compared to the 2023 peak of 2.1874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 112,631 NIO

2023 Average 103,219 NIO

Yearly Trough Low 88,176 NIO

Transaction Impact: A difference of 24,454.55 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2318

1.7723

JanuMarcMayJulySeptNove

MXN 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 2.1497, compared to 1.8886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2611 points.

H1 Avg (Jan–Jun) 2.1497

H2 Avg (Jul–Dec) 1.8886

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2048 NIO (High: 2.1666 / Low: 1.9618). On the other end, February was the most stable month, with a tight range of 0.0207 NIO (High: 2.1592 / Low: 2.1385).

June Spread (Volatile) ±0.2048

February Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1653 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.1901) against the same month in 2023 (average: 2.0212), the exchange rate shifted by +0.1690 (+8.36%).

2024 Avg (April) 2.1901

2023 Avg (April) 2.0212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1767	2.1171	2.1487
February	2.1592	2.1385	2.1520
March	2.2231	2.1559	2.1935
April	2.2526	2.1380	2.1901
May	2.2254	2.1594	2.1896
June	2.1666	1.9618	2.0243
July	2.0859	1.9631	2.0333
August	1.9740	1.8579	1.9215
September	1.9260	1.8320	1.8783
October	1.9158	1.8260	1.8715
November	1.8573	1.7767	1.8106
December	1.8323	1.7635	1.8164