YEARLY HIGH
0.5254 NAD
YEARLY LOW
0.4668 NAD
YEARLY AVERAGE
0.4983 NAD

2024 NIO to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.5254. Conversely, the yearly low was recorded on September 29, dropping to 0.4668.

This high-to-low spread represents a total annual volatility of 0.0586 NAD. From a start-to-finish perspective, comparing the January average rate of 0.5126 to the December average rate of 0.4955, the exchange rate registered a net change of -3.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5254 was down 5.01% compared to the 2023 peak of 0.5531, 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 2,627 NAD
2023 Average 2,531 NAD
Yearly Trough Low 2,334 NAD
Transaction Impact: A difference of 292.81 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5198
0.4735
JanuMarcMayJulySeptNove

NIO to NAD 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 0.5092, compared to 0.4874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 0.5092
H2 Avg (Jul–Dec) 0.4874

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0330 NAD (High: 0.5125 / Low: 0.4795). On the other end, October was the most stable month, with a tight range of 0.0115 NAD (High: 0.4819 / Low: 0.4703).

December Spread (Volatile) ±0.0330
October Spread (Stable) ±0.0115

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 April and May, when the average rate fell by 0.0133 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5159) against the same month in 2023 (average: 0.4900), the exchange rate shifted by +0.0259 (+5.29%).

2024 Avg (February) 0.5159
2023 Avg (February) 0.4900

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5231 0.5044 0.5126
February 0.5254 0.5051 0.5159
March 0.5208 0.5048 0.5126
April 0.5220 0.5025 0.5132
May 0.5074 0.4922 0.4999
June 0.5180 0.4862 0.5008
July 0.5016 0.4887 0.4955
August 0.5044 0.4793 0.4902
September 0.4884 0.4668 0.4787
October 0.4819 0.4703 0.4774
November 0.4965 0.4736 0.4873
December 0.5125 0.4795 0.4955