YEARLY HIGH
3.0907 RUB
YEARLY LOW
2.2691 RUB
YEARLY AVERAGE
2.5238 RUB

2024 NIO to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3.0907. Conversely, the yearly low was recorded on June 19, dropping to 2.2691.

This high-to-low spread represents a total annual volatility of 0.8216 RUB. From a start-to-finish perspective, comparing the January average rate of 2.4377 to the December average rate of 2.8216, the exchange rate registered a net change of 15.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0907 was up 11.46% compared to the 2023 peak of 2.7728, 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 15,453 RUB
2023 Average 11,696 RUB
Yearly Trough Low 11,345 RUB
Transaction Impact: A difference of 4,107.88 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8665
2.3284
JanuMarcMayJulySeptNove

NIO to RUB 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 2.4720, compared to 2.5756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1035 points.

H1 Avg (Jan–Jun) 2.4720
H2 Avg (Jul–Dec) 2.5756

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.4651 RUB (High: 3.0732 / Low: 2.6081). On the other end, March was the most stable month, with a tight range of 0.0605 RUB (High: 2.5270 / Low: 2.4665).

November Spread (Volatile) ±0.4651
March Spread (Stable) ±0.0605

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0820 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0820

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.8216) against the same month in 2023 (average: 2.4833), the exchange rate shifted by +0.3383 (+13.62%).

2024 Avg (December) 2.8216
2023 Avg (December) 2.4833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5105 2.3980 2.4377
February 2.5748 2.4619 2.4972
March 2.5270 2.4665 2.4975
April 2.5628 2.4983 2.5264
May 2.5462 2.4019 2.4777
June 2.4584 2.2691 2.3957
July 2.4172 2.3090 2.3732
August 2.4982 2.3051 2.4191
September 2.5614 2.3819 2.4810
October 2.6493 2.5656 2.6149
November 3.0732 2.6081 2.7437
December 3.0907 2.6865 2.8216