2024 NIO to GNF Historical Review

YEARLY HIGH

235.9727 GNF

YEARLY LOW

232.2143 GNF

YEARLY AVERAGE

234.1320 GNF

2024 NIO to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 235.9727. Conversely, the yearly low was recorded on April 29, dropping to 232.2143.

This high-to-low spread represents a total annual volatility of 3.7583 GNF. From a start-to-finish perspective, comparing the January average rate of 234.5182 to the December average rate of 234.6223, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 235.9727 was down 2.41% compared to the 2023 peak of 241.7915, 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 1,179,863 GNF

2023 Average 1,178,932 GNF

Yearly Trough Low 1,161,072 GNF

Transaction Impact: A difference of 18,791.75 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

234.9119

233.2568

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 233.8229, compared to 234.4412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6183 points.

H1 Avg (Jan–Jun) 233.8229

H2 Avg (Jul–Dec) 234.4412

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1.9275 GNF (High: 235.3988 / Low: 233.4713). On the other end, June was the most stable month, with a tight range of 0.3954 GNF (High: 234.0360 / Low: 233.6406).

February Spread (Volatile) ±1.9275

June Spread (Stable) ±0.3954

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6131 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 234.6085) against the same month in 2023 (average: 235.1092), the exchange rate shifted by -0.5008 (-0.21%).

2024 Avg (October) 234.6085

2023 Avg (October) 235.1092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	235.3203	234.0136	234.5182
February	235.3988	233.4713	233.9051
March	234.4989	233.3695	233.6406
April	233.7815	232.2143	233.3947
May	234.1048	233.4188	233.6459
June	234.0360	233.6406	233.8327
July	234.9988	233.5295	233.9348
August	234.5380	233.7944	234.2318
September	235.0507	234.4478	234.7740
October	235.9727	234.2842	234.6085
November	235.7276	233.9658	234.4757
December	234.8776	234.2768	234.6223