YEARLY HIGH
80.3628 BIF
YEARLY LOW
77.5750 BIF
YEARLY AVERAGE
78.4193 BIF

2024 NIO to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 80.3628. Conversely, the yearly low was recorded on February 19, dropping to 77.5750.

This high-to-low spread represents a total annual volatility of 2.7878 BIF. From a start-to-finish perspective, comparing the January average rate of 77.8562 to the December average rate of 80.1325, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 80.3628 was up 2.98% compared to the 2023 peak of 78.0363, 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 401,814 BIF
2023 Average 348,543 BIF
Yearly Trough Low 387,875 BIF
Transaction Impact: A difference of 13,938.90 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

80.3699
77.5217
JanuMarcMayJulySeptNove

NIO to BIF 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 77.9072, compared to 78.9314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0241 points.

H1 Avg (Jan–Jun) 77.9072
H2 Avg (Jul–Dec) 78.9314

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.7137 BIF (High: 80.3628 / Low: 78.6491). On the other end, July was the most stable month, with a tight range of 0.2939 BIF (High: 78.3783 / Low: 78.0845).

December Spread (Volatile) ±1.7137
July Spread (Stable) ±0.2939

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0972 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 80.1325) against the same month in 2023 (average: 77.7444), the exchange rate shifted by +2.3881 (+3.07%).

2024 Avg (December) 80.1325
2023 Avg (December) 77.7444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 77.9776 77.6635 77.8562
February 78.1335 77.5750 77.7590
March 78.1513 77.6465 77.7822
April 78.0952 77.6245 77.8485
May 78.2585 77.8279 78.0294
June 78.7878 78.0148 78.1680
July 78.3783 78.0845 78.2275
August 78.5914 78.0445 78.2960
September 78.8009 78.3211 78.6324
October 80.1569 78.5524 78.9031
November 80.2905 78.6685 79.3967
December 80.3628 78.6491 80.1325