2024 NIO to INR Historical Review

YEARLY HIGH

2.3331 INR

YEARLY LOW

2.2465 INR

YEARLY AVERAGE

2.2749 INR

2024 NIO to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 2.3331. Conversely, the yearly low was recorded on March 18, dropping to 2.2465.

This high-to-low spread represents a total annual volatility of 0.0866 INR. From a start-to-finish perspective, comparing the January average rate of 2.2676 to the December average rate of 2.3109, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3331 was up 1.95% compared to the 2023 peak of 2.2884, 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 11,665 INR

2023 Average 11,295 INR

Yearly Trough Low 11,232 INR

Transaction Impact: A difference of 433.06 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3163

2.2505

JanuMarcMayJulySeptNove

NIO to INR 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 2.2639, compared to 2.2859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 2.2639

H2 Avg (Jul–Dec) 2.2859

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0349 INR (High: 2.2813 / Low: 2.2465). On the other end, October was the most stable month, with a tight range of 0.0119 INR (High: 2.2860 / Low: 2.2741).

March Spread (Volatile) ±0.0349

October Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0116 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.3109) against the same month in 2023 (average: 2.2702), the exchange rate shifted by +0.0407 (+1.79%).

2024 Avg (December) 2.3109

2023 Avg (December) 2.2702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2775	2.2617	2.2676
February	2.2632	2.2503	2.2560
March	2.2813	2.2465	2.2583
April	2.2774	2.2557	2.2662
May	2.2731	2.2563	2.2665
June	2.2752	2.2580	2.2687
July	2.2780	2.2660	2.2718
August	2.2917	2.2720	2.2800
September	2.2860	2.2677	2.2770
October	2.2860	2.2741	2.2828
November	2.3022	2.2833	2.2930
December	2.3331	2.2984	2.3109