2024 NIO to BGN Historical Review

YEARLY HIGH

0.0513 BGN

YEARLY LOW

0.0475 BGN

YEARLY AVERAGE

0.0492 BGN

2024 NIO to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0513. Conversely, the yearly low was recorded on August 24, dropping to 0.0475.

This high-to-low spread represents a total annual volatility of 0.0038 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0489 to the December average rate of 0.0508, the exchange rate registered a net change of 3.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0513 was up 0.42% compared to the 2023 peak of 0.0510, 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 256 BGN

2023 Average 247 BGN

Yearly Trough Low 237 BGN

Transaction Impact: A difference of 18.84 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0511

0.0475

JanuMarcMayJulySeptNove

NIO to BGN 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 0.0492, compared to 0.0491 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) 0.0492

H2 Avg (Jul–Dec) 0.0491

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0024 BGN (High: 0.0511 / Low: 0.0486). On the other end, February was the most stable month, with a tight range of 0.0007 BGN (High: 0.0496 / Low: 0.0489).

November Spread (Volatile) ±0.0024

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0508) against the same month in 2023 (average: 0.0488), the exchange rate shifted by +0.0019 (+3.92%).

2024 Avg (December) 0.0508

2023 Avg (December) 0.0488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0493	0.0483	0.0489
February	0.0496	0.0489	0.0493
March	0.0493	0.0485	0.0489
April	0.0501	0.0489	0.0495
May	0.0499	0.0488	0.0492
June	0.0497	0.0488	0.0494
July	0.0495	0.0486	0.0490
August	0.0492	0.0475	0.0482
September	0.0483	0.0475	0.0478
October	0.0493	0.0481	0.0488
November	0.0511	0.0486	0.0500
December	0.0513	0.0502	0.0508