2024 NIO to THB Historical Review

YEARLY HIGH

1.0110 THB

YEARLY LOW

0.8792 THB

YEARLY AVERAGE

0.9588 THB

2024 NIO to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.0110. Conversely, the yearly low was recorded on September 27, dropping to 0.8792.

This high-to-low spread represents a total annual volatility of 0.1318 THB. From a start-to-finish perspective, comparing the January average rate of 0.9597 to the December average rate of 0.9285, the exchange rate registered a net change of -3.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0110 was down 0.33% compared to the 2023 peak of 1.0143, 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 5,055 THB

2023 Average 4,756 THB

Yearly Trough Low 4,396 THB

Transaction Impact: A difference of 658.93 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0081

0.8944

JanuMarcMayJulySeptNove

NIO to THB 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 0.9838, compared to 0.9337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0501 points.

H1 Avg (Jan–Jun) 0.9838

H2 Avg (Jul–Dec) 0.9337

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0524 THB (High: 0.9316 / Low: 0.8792). On the other end, June was the most stable month, with a tight range of 0.0134 THB (High: 1.0039 / Low: 0.9905).

September Spread (Volatile) ±0.0524

June Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0411 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.9987) against the same month in 2023 (average: 0.9359), the exchange rate shifted by +0.0628 (+6.71%).

2024 Avg (April) 0.9987

2023 Avg (April) 0.9359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9756	0.9335	0.9597
February	0.9814	0.9609	0.9746
March	0.9935	0.9609	0.9772
April	1.0110	0.9873	0.9987
May	1.0069	0.9807	0.9952
June	1.0039	0.9905	0.9975
July	1.0001	0.9638	0.9845
August	0.9676	0.9203	0.9434
September	0.9316	0.8792	0.9039
October	0.9193	0.8854	0.9066
November	0.9513	0.9114	0.9354
December	0.9403	0.9157	0.9285