YEARLY HIGH
15.6515 SOS
YEARLY LOW
15.3598 SOS
YEARLY AVERAGE
15.5326 SOS

2024 NIO to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 15.6515. Conversely, the yearly low was recorded on August 3, dropping to 15.3598.

This high-to-low spread represents a total annual volatility of 0.2918 SOS. From a start-to-finish perspective, comparing the January average rate of 15.5866 to the December average rate of 15.5315, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.6515 was down 0.33% compared to the 2023 peak of 15.7032, 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 78,258 SOS
2023 Average 77,879 SOS
Yearly Trough Low 76,799 SOS
Transaction Impact: A difference of 1,458.83 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.5945
15.4994
JanuMarcMayJulySeptNove

NIO to SOS 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 15.5401, compared to 15.5251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 15.5401
H2 Avg (Jul–Dec) 15.5251

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2160 SOS (High: 15.5757 / Low: 15.3598). On the other end, December was the most stable month, with a tight range of 0.0163 SOS (High: 15.5410 / Low: 15.5247).

August Spread (Volatile) ±0.2160
December Spread (Stable) ±0.0163

Growth Streaks & Declines

Trends

Between April and June, 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 0.0413 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 15.5279) against the same month in 2023 (average: 15.5573), the exchange rate shifted by -0.0294 (-0.19%).

2024 Avg (June) 15.5279
2023 Avg (June) 15.5573

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.6183 15.5021 15.5866
February 15.6478 15.5113 15.5453
March 15.5785 15.5151 15.5326
April 15.5510 15.4292 15.5215
May 15.5492 15.4691 15.5269
June 15.6515 15.4939 15.5279
July 15.5295 15.4963 15.5214
August 15.5757 15.3598 15.5073
September 15.6176 15.5121 15.5272
October 15.5352 15.5037 15.5260
November 15.6280 15.5163 15.5369
December 15.5410 15.5247 15.5315