2024 NIO to SRD Historical Review

YEARLY HIGH

1.0084 SRD

YEARLY LOW

0.7787 SRD

YEARLY AVERAGE

0.9013 SRD

2024 NIO to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.0084. Conversely, the yearly low was recorded on August 13, dropping to 0.7787.

This high-to-low spread represents a total annual volatility of 0.2297 SRD. From a start-to-finish perspective, comparing the January average rate of 1.0011 to the December average rate of 0.9574, the exchange rate registered a net change of -4.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0084 was down 4.48% compared to the 2023 peak of 1.0557, 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 5,042 SRD

2023 Average 5,008 SRD

Yearly Trough Low 3,893 SRD

Transaction Impact: A difference of 1,148.64 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0229

0.7609

JanuMarcMayJulySeptNove

NIO to SRD 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 0.9369, compared to 0.8656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0713 points.

H1 Avg (Jan–Jun) 0.9369

H2 Avg (Jul–Dec) 0.8656

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1004 SRD (High: 0.9341 / Low: 0.8337). On the other end, August was the most stable month, with a tight range of 0.0103 SRD (High: 0.7890 / Low: 0.7787).

October Spread (Volatile) ±0.1004

August Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0535 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.0011) against the same month in 2023 (average: 0.8722), the exchange rate shifted by +0.1289 (+14.78%).

2024 Avg (January) 1.0011

2023 Avg (January) 0.8722

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0084	0.9933	1.0011
February	0.9992	0.9595	0.9830
March	0.9649	0.9463	0.9579
April	0.9539	0.9190	0.9404
May	0.9207	0.8731	0.8869
June	0.8767	0.8316	0.8521
July	0.8377	0.7836	0.8068
August	0.7890	0.7787	0.7827
September	0.8344	0.7842	0.8071
October	0.9341	0.8337	0.8833
November	0.9658	0.9339	0.9564
December	0.9634	0.9520	0.9574