YEARLY HIGH
1.3884 EGP
YEARLY LOW
0.8376 EGP
YEARLY AVERAGE
1.2318 EGP

2024 NIO to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 1.3884. Conversely, the yearly low was recorded on January 6, dropping to 0.8376.

This high-to-low spread represents a total annual volatility of 0.5508 EGP. From a start-to-finish perspective, comparing the January average rate of 0.8428 to the December average rate of 1.3746, the exchange rate registered a net change of 63.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.3884 was up 62.39% compared to the 2023 peak of 0.8550, 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 6,942 EGP
2023 Average 4,193 EGP
Yearly Trough Low 4,188 EGP
Transaction Impact: A difference of 2,753.98 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.4281
0.7870
JanuMarcMayJulySeptNove

NIO to EGP 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 1.1318, compared to 1.3318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2000 points.

H1 Avg (Jan–Jun) 1.1318
H2 Avg (Jul–Dec) 1.3318

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5076 EGP (High: 1.3469 / Low: 0.8392). On the other end, February was the most stable month, with a tight range of 0.0075 EGP (High: 0.8459 / Low: 0.8384).

March Spread (Volatile) ±0.5076
February Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0133 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.3746) against the same month in 2023 (average: 0.8427), the exchange rate shifted by +0.5320 (+63.13%).

2024 Avg (December) 1.3746
2023 Avg (December) 0.8427

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8459 0.8376 0.8428
February 0.8459 0.8384 0.8404
March 1.3469 0.8392 1.2268
April 1.3215 1.2811 1.2988
May 1.3064 1.2659 1.2855
June 1.3142 1.2810 1.2965
July 1.3186 1.3019 1.3091
August 1.3411 1.3184 1.3292
September 1.3235 1.3122 1.3164
October 1.3305 1.3073 1.3196
November 1.3513 1.3258 1.3419
December 1.3884 1.3519 1.3746