2024 NAD to CNY Historical Review

YEARLY HIGH

0.4116 CNY

YEARLY LOW

0.3706 CNY

YEARLY AVERAGE

0.3919 CNY

2024 NAD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.4116. Conversely, the yearly low was recorded on April 21, dropping to 0.3706.

This high-to-low spread represents a total annual volatility of 0.0410 CNY. From a start-to-finish perspective, comparing the January average rate of 0.3785 to the December average rate of 0.3996, the exchange rate registered a net change of 5.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4116 was up 1.01% compared to the 2023 peak of 0.4075, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,058 CNY

2023 Average 1,913 CNY

Yearly Trough Low 1,853 CNY

Transaction Impact: A difference of 205.12 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4060

0.3747

JanuMarcMayJulySeptNove

NAD to CNY 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 0.3836, compared to 0.4001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.3836

H2 Avg (Jul–Dec) 0.4001

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0321 CNY (High: 0.4060 / Low: 0.3738). On the other end, October was the most stable month, with a tight range of 0.0063 CNY (High: 0.4066 / Low: 0.4004).

June Spread (Volatile) ±0.0321

October Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0023 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3996) against the same month in 2023 (average: 0.3810), the exchange rate shifted by +0.0186 (+4.88%).

2024 Avg (December) 0.3996

2023 Avg (December) 0.3810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3844	0.3714	0.3785
February	0.3867	0.3719	0.3773
March	0.3868	0.3744	0.3817
April	0.3909	0.3706	0.3827
May	0.3969	0.3827	0.3898
June	0.4060	0.3738	0.3918
July	0.4039	0.3917	0.3979
August	0.4021	0.3834	0.3963
September	0.4085	0.3962	0.4016
October	0.4066	0.4004	0.4034
November	0.4088	0.3962	0.4019
December	0.4116	0.3869	0.3996