2024 NIO to DKK Historical Review

YEARLY HIGH

0.1959 DKK

YEARLY LOW

0.1811 DKK

YEARLY AVERAGE

0.1875 DKK

2024 NIO to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1959. Conversely, the yearly low was recorded on September 24, dropping to 0.1811.

This high-to-low spread represents a total annual volatility of 0.0148 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1865 to the December average rate of 0.1936, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1959 was up 0.67% compared to the 2023 peak of 0.1946, 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 979 DKK

2023 Average 942 DKK

Yearly Trough Low 905 DKK

Transaction Impact: A difference of 73.86 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1948

0.1814

JanuMarcMayJulySeptNove

NIO to DKK 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 0.1877, compared to 0.1873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1877

H2 Avg (Jul–Dec) 0.1873

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0094 DKK (High: 0.1948 / Low: 0.1854). On the other end, February was the most stable month, with a tight range of 0.0027 DKK (High: 0.1892 / Low: 0.1865).

November Spread (Volatile) ±0.0094

February Spread (Stable) ±0.0027

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 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1936) against the same month in 2023 (average: 0.1862), the exchange rate shifted by +0.0074 (+3.98%).

2024 Avg (December) 0.1936

2023 Avg (December) 0.1862

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1883	0.1840	0.1865
February	0.1892	0.1865	0.1878
March	0.1883	0.1850	0.1866
April	0.1910	0.1867	0.1891
May	0.1895	0.1861	0.1876
June	0.1899	0.1860	0.1884
July	0.1887	0.1853	0.1868
August	0.1879	0.1811	0.1840
September	0.1842	0.1811	0.1825
October	0.1881	0.1834	0.1859
November	0.1948	0.1854	0.1908
December	0.1959	0.1915	0.1936