YEARLY HIGH
0.2139 HKD
YEARLY LOW
0.2102 HKD
YEARLY AVERAGE
0.2121 HKD

2024 NIO to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.2139. Conversely, the yearly low was recorded on October 5, dropping to 0.2102.

This high-to-low spread represents a total annual volatility of 0.0037 HKD. From a start-to-finish perspective, comparing the January average rate of 0.2133 to the December average rate of 0.2113, the exchange rate registered a net change of -0.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2139 was down 1.73% compared to the 2023 peak of 0.2177, 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 1,070 HKD
2023 Average 1,071 HKD
Yearly Trough Low 1,051 HKD
Transaction Impact: A difference of 18.55 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2135
0.2108
JanuMarcMayJulySeptNove

NIO to HKD 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 0.2127, compared to 0.2116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.2127
H2 Avg (Jul–Dec) 0.2116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0021 HKD (High: 0.2135 / Low: 0.2114). On the other end, July was the most stable month, with a tight range of 0.0008 HKD (High: 0.2128 / Low: 0.2120).

August Spread (Volatile) ±0.0021
July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2133) against the same month in 2023 (average: 0.2144), the exchange rate shifted by -0.0011 (-0.51%).

2024 Avg (January) 0.2133
2023 Avg (January) 0.2144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2139 0.2127 0.2133
February 0.2132 0.2121 0.2127
March 0.2135 0.2119 0.2127
April 0.2134 0.2119 0.2127
May 0.2130 0.2117 0.2124
June 0.2127 0.2112 0.2123
July 0.2128 0.2120 0.2122
August 0.2135 0.2114 0.2119
September 0.2122 0.2112 0.2117
October 0.2114 0.2102 0.2110
November 0.2119 0.2104 0.2115
December 0.2121 0.2107 0.2113