YEARLY HIGH
6.8567 YER
YEARLY LOW
6.7598 YER
YEARLY AVERAGE
6.8044 YER

2024 NIO to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 6.8567. Conversely, the yearly low was recorded on November 10, dropping to 6.7598.

This high-to-low spread represents a total annual volatility of 0.0969 YER. From a start-to-finish perspective, comparing the January average rate of 6.8307 to the December average rate of 6.7981, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.8567 was down 1.20% compared to the 2023 peak of 6.9402, 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 34,284 YER
2023 Average 34,241 YER
Yearly Trough Low 33,799 YER
Transaction Impact: A difference of 484.40 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.8345
6.7889
JanuMarcMayJulySeptNove

NIO to YER 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 6.8089, compared to 6.7999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 6.8089
H2 Avg (Jul–Dec) 6.7999

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0622 YER (High: 6.8225 / Low: 6.7603). On the other end, September was the most stable month, with a tight range of 0.0220 YER (High: 6.8146 / Low: 6.7926).

February Spread (Volatile) ±0.0622
September Spread (Stable) ±0.0220

Growth Streaks & Declines

Trends

Between April and June, 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 0.0251 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 6.8307) against the same month in 2023 (average: 6.8622), the exchange rate shifted by -0.0315 (-0.46%).

2024 Avg (January) 6.8307
2023 Avg (January) 6.8622

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.8567 6.8122 6.8307
February 6.8225 6.7603 6.8056
March 6.8336 6.7843 6.8070
April 6.8202 6.7735 6.8019
May 6.8196 6.7837 6.8040
June 6.8169 6.7697 6.8041
July 6.8201 6.7931 6.8029
August 6.8482 6.7881 6.8044
September 6.8146 6.7926 6.8018
October 6.8092 6.7741 6.7996
November 6.8122 6.7598 6.7927
December 6.8162 6.7805 6.7981