YEARLY HIGH
0.5010 MDL
YEARLY LOW
0.4678 MDL
YEARLY AVERAGE
0.4821 MDL

2024 NIO to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.5010. Conversely, the yearly low was recorded on August 29, dropping to 0.4678.

This high-to-low spread represents a total annual volatility of 0.0332 MDL. From a start-to-finish perspective, comparing the January average rate of 0.4808 to the December average rate of 0.4980, the exchange rate registered a net change of 3.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5010 was down 5.12% compared to the 2023 peak of 0.5281, 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 2,505 MDL
2023 Average 2,476 MDL
Yearly Trough Low 2,339 MDL
Transaction Impact: A difference of 165.93 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5005
0.4696
JanuMarcMayJulySeptNove

NIO to MDL 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 0.4813, compared to 0.4829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.4813
H2 Avg (Jul–Dec) 0.4829

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0155 MDL (High: 0.4878 / Low: 0.4723). On the other end, May was the most stable month, with a tight range of 0.0041 MDL (High: 0.4822 / Low: 0.4781).

October Spread (Volatile) ±0.0155
May Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0058 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4980) against the same month in 2023 (average: 0.4801), the exchange rate shifted by +0.0178 (+3.71%).

2024 Avg (December) 0.4980
2023 Avg (December) 0.4801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4848 0.4711 0.4808
February 0.4862 0.4816 0.4840
March 0.4828 0.4765 0.4800
April 0.4864 0.4777 0.4815
May 0.4822 0.4781 0.4801
June 0.4864 0.4769 0.4815
July 0.4841 0.4775 0.4811
August 0.4823 0.4678 0.4753
September 0.4756 0.4694 0.4722
October 0.4878 0.4723 0.4803
November 0.4973 0.4829 0.4905
December 0.5010 0.4953 0.4980