YEARLY HIGH
16.4572 SDG
YEARLY LOW
15.5023 SDG
YEARLY AVERAGE
16.2600 SDG

2024 NIO to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 16.4572. Conversely, the yearly low was recorded on May 2, dropping to 15.5023.

This high-to-low spread represents a total annual volatility of 0.9549 SDG. From a start-to-finish perspective, comparing the January average rate of 16.3985 to the December average rate of 16.3516, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.4572 was down 0.68% compared to the 2023 peak of 16.5704, 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 82,286 SDG
2023 Average 81,573 SDG
Yearly Trough Low 77,512 SDG
Transaction Impact: A difference of 4,774.29 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.4450
15.8867
JanuMarcMayJulySeptNove

NIO to SDG 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 16.2047, compared to 16.3153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1105 points.

H1 Avg (Jan–Jun) 16.2047
H2 Avg (Jul–Dec) 16.3153

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.8976 SDG (High: 16.3999 / Low: 15.5023). On the other end, September was the most stable month, with a tight range of 0.0528 SDG (High: 16.3730 / Low: 16.3202).

May Spread (Volatile) ±0.8976
September Spread (Stable) ±0.0528

Growth Streaks & Declines

Trends

Between June and August, 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 March and April, when the average rate fell by 0.2095 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 16.3985) against the same month in 2023 (average: 15.8131), the exchange rate shifted by +0.5854 (+3.70%).

2024 Avg (January) 16.3985
2023 Avg (January) 15.8131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.4572 16.3537 16.3985
February 16.3731 16.2809 16.3391
March 16.3877 15.8651 16.1428
April 16.3234 15.8550 15.9332
May 16.3999 15.5023 16.2858
June 16.3601 15.8413 16.1290
July 16.3727 15.9138 16.1614
August 16.4538 16.3113 16.3492
September 16.3730 16.3202 16.3435
October 16.3616 16.2789 16.3373
November 16.3804 16.2756 16.3486
December 16.4115 16.3226 16.3516