YEARLY HIGH
0.0552 BZD
YEARLY LOW
0.0544 BZD
YEARLY AVERAGE
0.0548 BZD

2024 NIO to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0552. Conversely, the yearly low was recorded on April 20, dropping to 0.0544.

This high-to-low spread represents a total annual volatility of 0.0007 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0550 to the December average rate of 0.0547, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0552 was down 0.55% 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 276 BZD
2023 Average 276 BZD
Yearly Trough Low 272 BZD
Transaction Impact: A difference of 3.66 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0550
0.0547
JanuMarcMayJulySeptNove

NIO to BZD 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 0.0548, compared to 0.0548 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) 0.0548
H2 Avg (Jul–Dec) 0.0548

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0004 BZD (High: 0.0552 / Low: 0.0547). On the other end, October was the most stable month, with a tight range of 0.0001 BZD (High: 0.0548 / Low: 0.0548).

February Spread (Volatile) ±0.0004
October Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0548) against the same month in 2023 (average: 0.0552), the exchange rate shifted by -0.0004 (-0.77%).

2024 Avg (February) 0.0548
2023 Avg (February) 0.0552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0551 0.0549 0.0550
February 0.0552 0.0547 0.0548
March 0.0549 0.0547 0.0548
April 0.0548 0.0544 0.0547
May 0.0549 0.0546 0.0548
June 0.0548 0.0547 0.0548
July 0.0548 0.0547 0.0548
August 0.0548 0.0546 0.0547
September 0.0549 0.0547 0.0548
October 0.0548 0.0548 0.0548
November 0.0549 0.0546 0.0548
December 0.0548 0.0545 0.0547