YEARLY HIGH
14.5258 CRC
YEARLY LOW
13.5441 CRC
YEARLY AVERAGE
14.0168 CRC

2024 NIO to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 14.5258. Conversely, the yearly low was recorded on April 4, dropping to 13.5441.

This high-to-low spread represents a total annual volatility of 0.9818 CRC. From a start-to-finish perspective, comparing the January average rate of 14.1058 to the December average rate of 13.7510, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.5258 was down 10.60% compared to the 2023 peak of 16.2482, 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 72,629 CRC
2023 Average 74,079 CRC
Yearly Trough Low 67,720 CRC
Transaction Impact: A difference of 4,908.79 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.3711
13.6323
JanuMarcMayJulySeptNove

NIO to CRC 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 13.9778, compared to 14.0558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0779 points.

H1 Avg (Jan–Jun) 13.9778
H2 Avg (Jul–Dec) 14.0558

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.3369 CRC (High: 14.5258 / Low: 14.1890). On the other end, November was the most stable month, with a tight range of 0.1606 CRC (High: 13.9538 / Low: 13.7932).

July Spread (Volatile) ±0.3369
November Spread (Stable) ±0.1606

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.1974 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1974

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 14.3095) against the same month in 2023 (average: 14.7859), the exchange rate shifted by -0.4764 (-3.22%).

2024 Avg (July) 14.3095
2023 Avg (July) 14.7859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.2317 13.9317 14.1058
February 14.1333 13.9209 14.0234
March 13.9671 13.6580 13.8260
April 13.8290 13.5441 13.6939
May 14.1718 13.8701 13.9371
June 14.4744 14.1537 14.2807
July 14.5258 14.1890 14.3095
August 14.3878 14.0607 14.2606
September 14.3116 14.0502 14.1147
October 14.1349 13.9201 14.0225
November 13.9538 13.7932 13.8762
December 13.8414 13.6380 13.7510