2024 NIO to SEK Historical Review

YEARLY HIGH

0.3033 SEK

YEARLY LOW

0.2740 SEK

YEARLY AVERAGE

0.2875 SEK

2024 NIO to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.3033. Conversely, the yearly low was recorded on September 24, dropping to 0.2740.

This high-to-low spread represents a total annual volatility of 0.0292 SEK. From a start-to-finish perspective, comparing the January average rate of 0.2823 to the December average rate of 0.2989, the exchange rate registered a net change of 5.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3033 was down 1.35% compared to the 2023 peak of 0.3074, 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 1,516 SEK

2023 Average 1,452 SEK

Yearly Trough Low 1,370 SEK

Transaction Impact: A difference of 146.17 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3010

0.2756

JanuMarcMayJulySeptNove

NIO to SEK 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 0.2869, compared to 0.2881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.2869

H2 Avg (Jul–Dec) 0.2881

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0157 SEK (High: 0.2916 / Low: 0.2759). On the other end, June was the most stable month, with a tight range of 0.0073 SEK (High: 0.2895 / Low: 0.2822).

August Spread (Volatile) ±0.0157

June Spread (Stable) ±0.0073

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 May and June, when the average rate fell by 0.0066 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2989) against the same month in 2023 (average: 0.2794), the exchange rate shifted by +0.0195 (+7.00%).

2024 Avg (December) 0.2989

2023 Avg (December) 0.2794

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2861	0.2745	0.2823
February	0.2890	0.2795	0.2838
March	0.2908	0.2777	0.2835
April	0.2995	0.2867	0.2940
May	0.2974	0.2865	0.2922
June	0.2895	0.2822	0.2856
July	0.2943	0.2810	0.2889
August	0.2916	0.2759	0.2825
September	0.2824	0.2740	0.2777
October	0.2900	0.2791	0.2846
November	0.3009	0.2881	0.2959
December	0.3033	0.2950	0.2989