YEARLY HIGH
0.0740 XCD
YEARLY LOW
0.0731 XCD
YEARLY AVERAGE
0.0735 XCD

2024 NIO to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0740. Conversely, the yearly low was recorded on June 9, dropping to 0.0731.

This high-to-low spread represents a total annual volatility of 0.0009 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0737 to the December average rate of 0.0735, 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 0.0740 was down 1.24% compared to the 2023 peak of 0.0749, 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 370 XCD
2023 Average 370 XCD
Yearly Trough Low 365 XCD
Transaction Impact: A difference of 4.73 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0738
0.0734
JanuMarcMayJulySeptNove

NIO to XCD 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 0.0735, compared to 0.0734 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) 0.0735
H2 Avg (Jul–Dec) 0.0734

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0006 XCD (High: 0.0739 / Low: 0.0733). On the other end, September was the most stable month, with a tight range of 0.0002 XCD (High: 0.0736 / Low: 0.0733).

August Spread (Volatile) ±0.0006
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: 0.0737) against the same month in 2023 (average: 0.0741), the exchange rate shifted by -0.0003 (-0.47%).

2024 Avg (January) 0.0737
2023 Avg (January) 0.0741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0740 0.0735 0.0737
February 0.0736 0.0733 0.0735
March 0.0738 0.0732 0.0735
April 0.0736 0.0731 0.0734
May 0.0737 0.0733 0.0735
June 0.0736 0.0731 0.0734
July 0.0736 0.0733 0.0734
August 0.0739 0.0733 0.0735
September 0.0736 0.0733 0.0734
October 0.0735 0.0731 0.0734
November 0.0736 0.0731 0.0735
December 0.0737 0.0733 0.0735