YEARLY HIGH
0.0767 WST
YEARLY LOW
0.0757 WST
YEARLY AVERAGE
0.0761 WST

2024 NIO to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0767. Conversely, the yearly low was recorded on June 9, dropping to 0.0757.

This high-to-low spread represents a total annual volatility of 0.0010 WST. From a start-to-finish perspective, comparing the January average rate of 0.0764 to the December average rate of 0.0761, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0767 was down 0.38% compared to the 2023 peak of 0.0770, 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 383 WST
2023 Average 374 WST
Yearly Trough Low 378 WST
Transaction Impact: A difference of 4.90 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0764
0.0760
JanuMarcMayJulySeptNove

NIO to WST 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 0.0762, compared to 0.0761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0762
H2 Avg (Jul–Dec) 0.0761

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0007 WST (High: 0.0766 / Low: 0.0759). On the other end, September was the most stable month, with a tight range of 0.0002 WST (High: 0.0762 / Low: 0.0760).

August Spread (Volatile) ±0.0007
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between 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 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0764) against the same month in 2023 (average: 0.0739), the exchange rate shifted by +0.0025 (+3.31%).

2024 Avg (January) 0.0764
2023 Avg (January) 0.0739

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0767 0.0762 0.0764
February 0.0763 0.0759 0.0761
March 0.0764 0.0759 0.0761
April 0.0763 0.0758 0.0761
May 0.0764 0.0759 0.0761
June 0.0762 0.0757 0.0761
July 0.0763 0.0760 0.0761
August 0.0766 0.0759 0.0761
September 0.0762 0.0760 0.0761
October 0.0762 0.0758 0.0761
November 0.0763 0.0758 0.0761
December 0.0764 0.0760 0.0761