2024 NIO to SAR Historical Review

YEARLY HIGH

0.1027 SAR

YEARLY LOW

0.1014 SAR

YEARLY AVERAGE

0.1020 SAR

2024 NIO to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1027. Conversely, the yearly low was recorded on June 9, dropping to 0.1014.

This high-to-low spread represents a total annual volatility of 0.0013 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1023 to the December average rate of 0.1021, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1027 was down 1.35% compared to the 2023 peak of 0.1041, 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 513 SAR

2023 Average 513 SAR

Yearly Trough Low 507 SAR

Transaction Impact: A difference of 6.55 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1024

0.1019

JanuMarcMayJulySeptNove

NIO to SAR 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 0.1020, compared to 0.1020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1020

H2 Avg (Jul–Dec) 0.1020

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0008 SAR (High: 0.1022 / Low: 0.1014). On the other end, July was the most stable month, with a tight range of 0.0004 SAR (High: 0.1022 / Low: 0.1018).

June Spread (Volatile) ±0.0008

July Spread (Stable) ±0.0004

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 January and February, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1023) against the same month in 2023 (average: 0.1030), the exchange rate shifted by -0.0006 (-0.63%).

2024 Avg (January) 0.1023

2023 Avg (January) 0.1030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1027	0.1020	0.1023
February	0.1022	0.1017	0.1020
March	0.1024	0.1016	0.1020
April	0.1022	0.1015	0.1019
May	0.1023	0.1017	0.1020
June	0.1022	0.1014	0.1019
July	0.1022	0.1018	0.1019
August	0.1025	0.1018	0.1020
September	0.1022	0.1018	0.1020
October	0.1022	0.1017	0.1020
November	0.1023	0.1016	0.1021
December	0.1025	0.1019	0.1021