YEARLY HIGH
0.0051 NIO
YEARLY LOW
0.0046 NIO
YEARLY AVERAGE
0.0049 NIO

2024 PYG to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0051. Conversely, the yearly low was recorded on October 27, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0005 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0047, the exchange rate registered a net change of -6.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0051 was down 1.39% compared to the 2023 peak of 0.0051, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PYG based on timing:

Yearly Peak High 25 NIO
2023 Average 25 NIO
Yearly Trough Low 23 NIO
Transaction Impact: A difference of 2.32 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0051
0.0046
JanuMarcMayJulySeptNove

PYG to NIO 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 0.0050, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0050
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0001 NIO (High: 0.0047 / Low: 0.0046). On the other end, June was the most stable month, with a tight range of 0.0000 NIO (High: 0.0049 / Low: 0.0049).

October Spread (Volatile) ±0.0001
June Spread (Stable) ±0.0000

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0050) against the same month in 2023 (average: 0.0050), the exchange rate shifted by +0.0001 (+1.01%).

2024 Avg (February) 0.0050
2023 Avg (February) 0.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0051 0.0050 0.0050
February 0.0051 0.0050 0.0050
March 0.0051 0.0050 0.0050
April 0.0050 0.0049 0.0050
May 0.0049 0.0049 0.0049
June 0.0049 0.0049 0.0049
July 0.0049 0.0049 0.0049
August 0.0049 0.0048 0.0049
September 0.0048 0.0047 0.0047
October 0.0047 0.0046 0.0047
November 0.0047 0.0047 0.0047
December 0.0047 0.0047 0.0047