2024 NIO to CAD Historical Review

YEARLY HIGH

0.0393 CAD

YEARLY LOW

0.0361 CAD

YEARLY AVERAGE

0.0373 CAD

2024 NIO to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0393. Conversely, the yearly low was recorded on January 1, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0032 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0366 to the December average rate of 0.0388, the exchange rate registered a net change of 5.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0393 was up 2.91% compared to the 2023 peak of 0.0382, 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 196 CAD

2023 Average 185 CAD

Yearly Trough Low 180 CAD

Transaction Impact: A difference of 16.06 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0390

0.0364

JanuMarcMayJulySeptNove

NIO to CAD 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 0.0369, compared to 0.0376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0369

H2 Avg (Jul–Dec) 0.0376

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0014 CAD (High: 0.0380 / Low: 0.0365). On the other end, May was the most stable month, with a tight range of 0.0004 CAD (High: 0.0374 / Low: 0.0369).

August Spread (Volatile) ±0.0014

May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0388) against the same month in 2023 (average: 0.0366), the exchange rate shifted by +0.0022 (+6.01%).

2024 Avg (December) 0.0388

2023 Avg (December) 0.0366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0369	0.0361	0.0366
February	0.0370	0.0364	0.0367
March	0.0372	0.0366	0.0368
April	0.0376	0.0368	0.0372
May	0.0374	0.0369	0.0372
June	0.0375	0.0370	0.0372
July	0.0376	0.0370	0.0373
August	0.0380	0.0365	0.0371
September	0.0370	0.0365	0.0368
October	0.0379	0.0367	0.0374
November	0.0384	0.0376	0.0380
December	0.0393	0.0381	0.0388