YEARLY HIGH
0.1006 AED
YEARLY LOW
0.0993 AED
YEARLY AVERAGE
0.0999 AED

2024 NIO to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1006. Conversely, the yearly low was recorded on June 9, dropping to 0.0993.

This high-to-low spread represents a total annual volatility of 0.0013 AED. From a start-to-finish perspective, comparing the January average rate of 0.1002 to the December average rate of 0.0998, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1006 was down 1.25% compared to the 2023 peak of 0.1018, 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 503 AED
2023 Average 502 AED
Yearly Trough Low 496 AED
Transaction Impact: A difference of 6.40 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1003
0.0997
JanuMarcMayJulySeptNove

NIO to AED 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 0.0999, compared to 0.0998 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) 0.0999
H2 Avg (Jul–Dec) 0.0998

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0009 AED (High: 0.1005 / Low: 0.0996). On the other end, September was the most stable month, with a tight range of 0.0003 AED (High: 0.1000 / Low: 0.0997).

August Spread (Volatile) ±0.0009
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1002) against the same month in 2023 (average: 0.1007), the exchange rate shifted by -0.0005 (-0.47%).

2024 Avg (January) 0.1002
2023 Avg (January) 0.1007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1006 0.0999 0.1002
February 0.1001 0.0996 0.0999
March 0.1002 0.0995 0.0999
April 0.1000 0.0994 0.0998
May 0.1002 0.0996 0.0999
June 0.1000 0.0993 0.0998
July 0.1001 0.0997 0.0998
August 0.1005 0.0996 0.0998
September 0.1000 0.0997 0.0998
October 0.0999 0.0994 0.0998
November 0.1000 0.0994 0.0998
December 0.1002 0.0997 0.0998