YEARLY HIGH
2.1422 NIO
YEARLY LOW
1.9034 NIO
YEARLY AVERAGE
2.0085 NIO

2024 NAD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 2.1422. Conversely, the yearly low was recorded on February 26, dropping to 1.9034.

This high-to-low spread represents a total annual volatility of 0.2388 NIO. From a start-to-finish perspective, comparing the January average rate of 1.9511 to the December average rate of 2.0189, the exchange rate registered a net change of 3.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1422 was down 1.40% compared to the 2023 peak of 2.1726, 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 10,711 NIO
2023 Average 9,891 NIO
Yearly Trough Low 9,517 NIO
Transaction Impact: A difference of 1,193.90 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1105
1.9228
JanuMarcMayJulySeptNove

NAD 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 1.9646, compared to 2.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0878 points.

H1 Avg (Jan–Jun) 1.9646
H2 Avg (Jul–Dec) 2.0524

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1342 NIO (High: 2.0853 / Low: 1.9511). On the other end, October was the most stable month, with a tight range of 0.0509 NIO (High: 2.1261 / Low: 2.0752).

December Spread (Volatile) ±0.1342
October Spread (Stable) ±0.0509

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0425 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0425

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.0894) against the same month in 2023 (average: 1.9280), the exchange rate shifted by +0.1615 (+8.38%).

2024 Avg (September) 2.0894
2023 Avg (September) 1.9280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9825 1.9117 1.9511
February 1.9800 1.9034 1.9385
March 1.9812 1.9200 1.9509
April 1.9902 1.9159 1.9490
May 2.0315 1.9706 2.0006
June 2.0566 1.9307 1.9974
July 2.0464 1.9936 2.0181
August 2.0866 1.9826 2.0405
September 2.1422 2.0474 2.0894
October 2.1261 2.0752 2.0949
November 2.1113 2.0142 2.0524
December 2.0853 1.9511 2.0189