YEARLY HIGH
0.1104 PGK
YEARLY LOW
0.1009 PGK
YEARLY AVERAGE
0.1058 PGK

2024 NIO to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1104. Conversely, the yearly low was recorded on January 26, dropping to 0.1009.

This high-to-low spread represents a total annual volatility of 0.0095 PGK. From a start-to-finish perspective, comparing the January average rate of 0.1019 to the December average rate of 0.1099, the exchange rate registered a net change of 7.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1104 was up 6.83% compared to the 2023 peak of 0.1033, 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 552 PGK
2023 Average 493 PGK
Yearly Trough Low 505 PGK
Transaction Impact: A difference of 47.42 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1107
0.1011
JanuMarcMayJulySeptNove

NIO to PGK 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 0.1038, compared to 0.1079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1038
H2 Avg (Jul–Dec) 0.1079

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0038 PGK (High: 0.1074 / Low: 0.1037). On the other end, May was the most stable month, with a tight range of 0.0011 PGK (High: 0.1060 / Low: 0.1049).

August Spread (Volatile) ±0.0038
May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1099) against the same month in 2023 (average: 0.1020), the exchange rate shifted by +0.0079 (+7.73%).

2024 Avg (December) 0.1099
2023 Avg (December) 0.1020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1033 0.1009 0.1019
February 0.1036 0.1012 0.1026
March 0.1041 0.1014 0.1033
April 0.1049 0.1027 0.1038
May 0.1060 0.1049 0.1054
June 0.1064 0.1043 0.1056
July 0.1066 0.1045 0.1060
August 0.1074 0.1037 0.1067
September 0.1086 0.1064 0.1076
October 0.1089 0.1068 0.1078
November 0.1102 0.1084 0.1093
December 0.1104 0.1082 0.1099