YEARLY HIGH
0.0548 BBD
YEARLY LOW
0.0541 BBD
YEARLY AVERAGE
0.0544 BBD

2024 NIO to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0548. Conversely, the yearly low was recorded on June 9, dropping to 0.0541.

This high-to-low spread represents a total annual volatility of 0.0007 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0546 to the December average rate of 0.0544, 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 0.0548 was down 1.24% compared to the 2023 peak of 0.0555, 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 274 BBD
2023 Average 274 BBD
Yearly Trough Low 270 BBD
Transaction Impact: A difference of 3.50 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0546
0.0543
JanuMarcMayJulySeptNove

NIO to BBD 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 0.0544, compared to 0.0544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0544
H2 Avg (Jul–Dec) 0.0544

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0005 BBD (High: 0.0547 / Low: 0.0542). On the other end, September was the most stable month, with a tight range of 0.0002 BBD (High: 0.0544 / Low: 0.0543).

August Spread (Volatile) ±0.0005
September Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0546) against the same month in 2023 (average: 0.0548), the exchange rate shifted by -0.0003 (-0.47%).

2024 Avg (January) 0.0546
2023 Avg (January) 0.0548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0548 0.0544 0.0546
February 0.0545 0.0542 0.0544
March 0.0546 0.0542 0.0544
April 0.0545 0.0541 0.0543
May 0.0546 0.0542 0.0544
June 0.0545 0.0541 0.0544
July 0.0545 0.0543 0.0543
August 0.0547 0.0542 0.0544
September 0.0544 0.0543 0.0543
October 0.0544 0.0541 0.0543
November 0.0545 0.0541 0.0544
December 0.0546 0.0543 0.0544