2024 NIO to TRY Historical Review

YEARLY HIGH

0.9609 TRY

YEARLY LOW

0.8051 TRY

YEARLY AVERAGE

0.8940 TRY

2024 NIO to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9609. Conversely, the yearly low was recorded on January 1, dropping to 0.8051.

This high-to-low spread represents a total annual volatility of 0.1558 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8211 to the December average rate of 0.9516, the exchange rate registered a net change of 15.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9609 was up 19.25% compared to the 2023 peak of 0.8058, 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 4,805 TRY

2023 Average 3,258 TRY

Yearly Trough Low 4,026 TRY

Transaction Impact: A difference of 779.05 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9646

0.8080

JanuMarcMayJulySeptNove

NIO to TRY 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 0.8622, compared to 0.9259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0637 points.

H1 Avg (Jan–Jun) 0.8622

H2 Avg (Jul–Dec) 0.9259

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0303 TRY (High: 0.9303 / Low: 0.9000). On the other end, October was the most stable month, with a tight range of 0.0053 TRY (High: 0.9324 / Low: 0.9271).

August Spread (Volatile) ±0.0303

October Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0018 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.9516) against the same month in 2023 (average: 0.7936), the exchange rate shifted by +0.1579 (+19.90%).

2024 Avg (December) 0.9516

2023 Avg (December) 0.7936

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8285	0.8051	0.8211
February	0.8506	0.8283	0.8377
March	0.8830	0.8535	0.8717
April	0.8872	0.8687	0.8792
May	0.8843	0.8722	0.8774
June	0.8950	0.8753	0.8860
July	0.9014	0.8845	0.8946
August	0.9303	0.9000	0.9160
September	0.9297	0.9214	0.9256
October	0.9324	0.9271	0.9306
November	0.9443	0.9297	0.9368
December	0.9609	0.9430	0.9516