2024 NIO to BOB Historical Review

YEARLY HIGH

0.1891 BOB

YEARLY LOW

0.1870 BOB

YEARLY AVERAGE

0.1879 BOB

2024 NIO to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.1891. Conversely, the yearly low was recorded on April 20, dropping to 0.1870.

This high-to-low spread represents a total annual volatility of 0.0021 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1885 to the December average rate of 0.1878, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1891 was down 1.00% compared to the 2023 peak of 0.1910, 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 945 BOB

2023 Average 945 BOB

Yearly Trough Low 935 BOB

Transaction Impact: A difference of 10.61 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1886

0.1876

JanuMarcMayJulySeptNove

NIO to BOB 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 0.1880, compared to 0.1879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1880

H2 Avg (Jul–Dec) 0.1879

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0017 BOB (High: 0.1886 / Low: 0.1870). On the other end, June was the most stable month, with a tight range of 0.0007 BOB (High: 0.1881 / Low: 0.1875).

April Spread (Volatile) ±0.0017

June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and November, 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 January and February, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1880) against the same month in 2023 (average: 0.1894), the exchange rate shifted by -0.0014 (-0.75%).

2024 Avg (February) 0.1880

2023 Avg (February) 0.1894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1888	0.1880	0.1885
February	0.1891	0.1875	0.1880
March	0.1886	0.1876	0.1879
April	0.1886	0.1870	0.1880
May	0.1885	0.1876	0.1879
June	0.1881	0.1875	0.1878
July	0.1882	0.1875	0.1877
August	0.1883	0.1873	0.1877
September	0.1885	0.1876	0.1878
October	0.1885	0.1877	0.1879
November	0.1887	0.1872	0.1881
December	0.1885	0.1877	0.1878