2024 NIO to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NIO to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NIO to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 354.7499. Conversely, the yearly low was recorded on June 9, dropping to 67.9212.
This high-to-low spread represents a total annual volatility of 286.8287 SYP. From a start-to-finish perspective, comparing the January average rate of 68.5552 to the December average rate of 169.5258, the exchange rate registered a net change of 147.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 354.7499 was up 409.21% compared to the 2023 peak of 69.6665, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NIO to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 68.3396, compared to 85.1490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.8094 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 286.5685 SYP (High: 354.7499 / Low: 68.1814). On the other end, September was the most stable month, with a tight range of 0.2204 SYP (High: 68.3917 / Low: 68.1713).
Growth Streaks & Declines
TrendsBetween 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 0.2383 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 169.5258) against the same month in 2023 (average: 68.5208), the exchange rate shifted by +101.0050 (+147.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.8007 | 68.3682 | 68.5552 |
| February | 68.4715 | 68.1204 | 68.3169 |
| March | 68.5692 | 68.0812 | 68.3128 |
| April | 68.4485 | 67.9797 | 68.2589 |
| May | 68.5613 | 68.1326 | 68.3136 |
| June | 68.4183 | 67.9212 | 68.2805 |
| July | 68.4475 | 68.1826 | 68.2748 |
| August | 68.7295 | 68.1341 | 68.2923 |
| September | 68.3917 | 68.1713 | 68.2685 |
| October | 68.3444 | 67.9987 | 68.2428 |
| November | 68.4227 | 67.9847 | 68.2898 |
| December | 354.7499 | 68.1814 | 169.5258 |