2024 NIO to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NIO to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NIO to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 28.0330. Conversely, the yearly low was recorded on January 2, dropping to 22.0713.
This high-to-low spread represents a total annual volatility of 5.9617 ARS. From a start-to-finish perspective, comparing the January average rate of 22.3108 to the December average rate of 27.7248, the exchange rate registered a net change of 24.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 28.0330 was up 26.79% compared to the 2023 peak of 22.1103, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NIO to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.3870, compared to 26.3661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9791 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 0.6974 ARS (High: 27.5064 / Low: 26.8090). On the other end, June was the most stable month, with a tight range of 0.4320 ARS (High: 24.7459 / Low: 24.3139).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 27.7248) against the same month in 2023 (average: 17.2321), the exchange rate shifted by +10.4926 (+60.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.5481 | 22.0713 | 22.3108 |
| February | 22.9158 | 22.4737 | 22.6802 |
| March | 23.3411 | 22.8915 | 23.1251 |
| April | 23.8376 | 23.2970 | 23.5756 |
| May | 24.3284 | 23.7662 | 24.0752 |
| June | 24.7459 | 24.3139 | 24.5549 |
| July | 25.3032 | 24.8044 | 25.0538 |
| August | 25.8176 | 25.2838 | 25.5667 |
| September | 26.3329 | 25.8665 | 26.0923 |
| October | 26.9171 | 26.2733 | 26.5984 |
| November | 27.5064 | 26.8090 | 27.1606 |
| December | 28.0330 | 27.4982 | 27.7248 |