2019 NIO to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NIO to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NIO to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 283.8243. Conversely, the yearly low was recorded on November 12, dropping to 267.5781.
This high-to-low spread represents a total annual volatility of 16.2461 GNF. From a start-to-finish perspective, comparing the January average rate of 281.7404 to the December average rate of 279.8280, the exchange rate registered a net change of -0.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 283.8243 was down 3.12% compared to the 2018 peak of 292.9712, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NIO to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 279.3181, compared to 276.1024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2157 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 15.0503 GNF (High: 282.6285 / Low: 267.5781). On the other end, September was the most stable month, with a tight range of 1.6357 GNF (High: 275.5056 / Low: 273.8700).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.1829 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 281.7404) against the same month in 2018 (average: 290.9546), the exchange rate shifted by -9.2143 (-3.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 283.8243 | 278.6636 | 281.7404 |
| February | 282.9957 | 277.5085 | 280.3433 |
| March | 282.2630 | 277.3709 | 279.7904 |
| April | 280.9930 | 276.1440 | 278.7855 |
| May | 279.1049 | 277.1772 | 278.1801 |
| June | 278.8169 | 274.6675 | 277.0688 |
| July | 278.9473 | 274.4089 | 276.5895 |
| August | 276.6467 | 272.7865 | 274.4065 |
| September | 275.5056 | 273.8700 | 274.7657 |
| October | 276.9374 | 272.0890 | 274.6230 |
| November | 282.6285 | 267.5781 | 276.4016 |
| December | 283.0907 | 276.0035 | 279.8280 |