YEARLY HIGH
1.2164 UYU
YEARLY LOW
1.0196 UYU
YEARLY AVERAGE
1.0926 UYU

2024 NIO to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.2164. Conversely, the yearly low was recorded on March 28, dropping to 1.0196.

This high-to-low spread represents a total annual volatility of 0.1968 UYU. From a start-to-finish perspective, comparing the January average rate of 1.0688 to the December average rate of 1.1956, the exchange rate registered a net change of 11.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2164 was up 10.94% compared to the 2023 peak of 1.0964, 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 6,082 UYU
2023 Average 5,311 UYU
Yearly Trough Low 5,098 UYU
Transaction Impact: A difference of 984.14 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2107
1.0286
JanuMarcMayJulySeptNove

NIO to UYU 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 1.0556, compared to 1.1296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0740 points.

H1 Avg (Jan–Jun) 1.0556
H2 Avg (Jul–Dec) 1.1296

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0567 UYU (High: 1.1493 / Low: 1.0926). On the other end, February was the most stable month, with a tight range of 0.0111 UYU (High: 1.0672 / Low: 1.0561).

September Spread (Volatile) ±0.0567
February Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0180 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.1956) against the same month in 2023 (average: 1.0711), the exchange rate shifted by +0.1245 (+11.62%).

2024 Avg (December) 1.1956
2023 Avg (December) 1.0711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0776 1.0570 1.0688
February 1.0672 1.0561 1.0638
March 1.0650 1.0196 1.0459
April 1.0598 1.0205 1.0438
May 1.0544 1.0389 1.0464
June 1.0777 1.0528 1.0650
July 1.0995 1.0852 1.0915
August 1.1036 1.0923 1.0962
September 1.1493 1.0926 1.1132
October 1.1391 1.1142 1.1298
November 1.1681 1.1288 1.1512
December 1.2164 1.1682 1.1956