2024 NIO to CVE Historical Review

YEARLY HIGH

2.8879 CVE

YEARLY LOW

2.6848 CVE

YEARLY AVERAGE

2.7734 CVE

2024 NIO to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.8879. Conversely, the yearly low was recorded on September 22, dropping to 2.6848.

This high-to-low spread represents a total annual volatility of 0.2031 CVE. From a start-to-finish perspective, comparing the January average rate of 2.7596 to the December average rate of 2.8609, the exchange rate registered a net change of 3.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8879 was up 0.09% compared to the 2023 peak of 2.8854, 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 14,439 CVE

2023 Average 13,964 CVE

Yearly Trough Low 13,424 CVE

Transaction Impact: A difference of 1,015.31 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8770

2.6844

JanuMarcMayJulySeptNove

NIO to CVE 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 2.7762, compared to 2.7706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 2.7762

H2 Avg (Jul–Dec) 2.7706

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1289 CVE (High: 2.8799 / Low: 2.7510). On the other end, September was the most stable month, with a tight range of 0.0343 CVE (High: 2.7191 / Low: 2.6848).

November Spread (Volatile) ±0.1289

September Spread (Stable) ±0.0343

Growth Streaks & Declines

Trends

Between September and December, 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 0.0366 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.8609) against the same month in 2023 (average: 2.7591), the exchange rate shifted by +0.1018 (+3.69%).

2024 Avg (December) 2.8609

2023 Avg (December) 2.7591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7798	2.7199	2.7596
February	2.8025	2.7640	2.7809
March	2.7838	2.7382	2.7611
April	2.8212	2.7602	2.7909
May	2.8228	2.7538	2.7777
June	2.8111	2.7537	2.7872
July	2.7991	2.7401	2.7635
August	2.7814	2.6860	2.7269
September	2.7191	2.6848	2.7004
October	2.7828	2.7062	2.7513
November	2.8799	2.7510	2.8203
December	2.8879	2.8302	2.8609