YEARLY HIGH
0.1991 CNY
YEARLY LOW
0.1902 CNY
YEARLY AVERAGE
0.1951 CNY

2024 NIO to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.1991. Conversely, the yearly low was recorded on October 6, dropping to 0.1902.

This high-to-low spread represents a total annual volatility of 0.0089 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1940 to the December average rate of 0.1979, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1991 was down 0.83% compared to the 2023 peak of 0.2007, 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 995 CNY
2023 Average 968 CNY
Yearly Trough Low 951 CNY
Transaction Impact: A difference of 44.62 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1985
0.1916
JanuMarcMayJulySeptNove

NIO to CNY 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 0.1953, compared to 0.1950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1953
H2 Avg (Jul–Dec) 0.1950

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0055 CNY (High: 0.1977 / Low: 0.1921). On the other end, December was the most stable month, with a tight range of 0.0022 CNY (High: 0.1991 / Low: 0.1969).

June Spread (Volatile) ±0.0055
December Spread (Stable) ±0.0022

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 July and August, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1979) against the same month in 2023 (average: 0.1941), the exchange rate shifted by +0.0038 (+1.96%).

2024 Avg (December) 0.1979
2023 Avg (December) 0.1941

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1963 0.1929 0.1940
February 0.1959 0.1931 0.1946
March 0.1973 0.1938 0.1957
April 0.1972 0.1928 0.1964
May 0.1972 0.1924 0.1949
June 0.1977 0.1921 0.1961
July 0.1980 0.1939 0.1972
August 0.1968 0.1924 0.1942
September 0.1936 0.1904 0.1922
October 0.1938 0.1902 0.1926
November 0.1973 0.1929 0.1959
December 0.1991 0.1969 0.1979