2024 NIO to MNT Historical Review

YEARLY HIGH

94.4715 MNT

YEARLY LOW

91.9440 MNT

YEARLY AVERAGE

93.1696 MNT

2024 NIO to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 94.4715. Conversely, the yearly low was recorded on November 10, dropping to 91.9440.

This high-to-low spread represents a total annual volatility of 2.5275 MNT. From a start-to-finish perspective, comparing the January average rate of 94.1343 to the December average rate of 92.3739, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 94.4715 was down 2.87% compared to the 2023 peak of 97.2663, 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 472,357 MNT

2023 Average 473,565 MNT

Yearly Trough Low 459,720 MNT

Transaction Impact: A difference of 12,637.34 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

94.3185

92.1089

JanuMarcMayJulySeptNove

NIO to MNT 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 93.8384, compared to 92.5008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3376 points.

H1 Avg (Jan–Jun) 93.8384

H2 Avg (Jul–Dec) 92.5008

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.7748 MNT (High: 93.9865 / Low: 92.2117). On the other end, September was the most stable month, with a tight range of 0.2980 MNT (High: 92.4945 / Low: 92.1964).

July Spread (Volatile) ±1.7748

September Spread (Stable) ±0.2980

Growth Streaks & Declines

Trends

Between 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 0.9337 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 94.1343) against the same month in 2023 (average: 93.3950), the exchange rate shifted by +0.7394 (+0.79%).

2024 Avg (January) 94.1343

2023 Avg (January) 93.3950

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	94.4715	93.8776	94.1343
February	94.0195	93.5374	93.8071
March	94.1535	93.4836	93.8015
April	93.9878	93.3442	93.7275
May	94.1427	93.5541	93.8026
June	93.9464	93.2638	93.7572
July	93.9865	92.2117	93.2937
August	92.9512	92.1461	92.3600
September	92.4945	92.1964	92.3277
October	92.4304	91.9629	92.2930
November	92.5363	91.9440	92.3566
December	92.7119	92.2100	92.3739