2024 NIO to SLL Historical Review

YEARLY HIGH

574.2086 SLL

YEARLY LOW

566.8679 SLL

YEARLY AVERAGE

570.1052 SLL

2024 NIO to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 574.2086. Conversely, the yearly low was recorded on June 9, dropping to 566.8679.

This high-to-low spread represents a total annual volatility of 7.3406 SLL. From a start-to-finish perspective, comparing the January average rate of 572.1594 to the December average rate of 570.0514, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 574.2086 was down 0.38% compared to the 2023 peak of 576.3947, 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 2,871,043 SLL

2023 Average 2,610,572 SLL

Yearly Trough Low 2,834,340 SLL

Transaction Impact: A difference of 36,703.18 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

572.4202

569.2913

JanuMarcMayJulySeptNove

NIO to SLL 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 570.3605, compared to 569.8499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5106 points.

H1 Avg (Jan–Jun) 570.3605

H2 Avg (Jul–Dec) 569.8499

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 4.9686 SLL (High: 573.6141 / Low: 568.6455). On the other end, September was the most stable month, with a tight range of 1.8393 SLL (High: 570.7953 / Low: 568.9560).

August Spread (Volatile) ±4.9686

September Spread (Stable) ±1.8393

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 1.9890 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.9890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 572.1594) against the same month in 2023 (average: 484.2498), the exchange rate shifted by +87.9096 (+18.15%).

2024 Avg (January) 572.1594

2023 Avg (January) 484.2498

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	574.2086	570.5986	572.1594
February	571.4614	568.5312	570.1704
March	572.2762	568.2040	570.1364
April	571.2689	567.3566	569.6868
May	572.2102	568.6327	570.1429
June	571.0169	566.8679	569.8672
July	571.2606	569.0502	569.8196
August	573.6141	568.6455	569.9656
September	570.7953	568.9560	569.7665
October	570.4000	567.5149	569.5520
November	571.0535	567.3984	569.9445
December	572.1372	569.0397	570.0514