2024 QAR to NIO Historical Review

YEARLY HIGH

10.2031 NIO

YEARLY LOW

10.0103 NIO

YEARLY AVERAGE

10.0971 NIO

2024 QAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 10.2031. Conversely, the yearly low was recorded on June 8, dropping to 10.0103.

This high-to-low spread represents a total annual volatility of 0.1929 NIO. From a start-to-finish perspective, comparing the January average rate of 10.0598 to the December average rate of 10.0980, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.2031 was up 0.51% compared to the 2023 peak of 10.1513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 51,016 NIO

2023 Average 50,164 NIO

Yearly Trough Low 50,051 NIO

Transaction Impact: A difference of 964.27 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.1164

10.0547

JanuMarcMayJulySeptNove

QAR 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 10.0920, compared to 10.1021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 10.0920

H2 Avg (Jul–Dec) 10.1021

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1319 NIO (High: 10.2031 / Low: 10.0712). On the other end, September was the most stable month, with a tight range of 0.0247 NIO (High: 10.1121 / Low: 10.0874).

August Spread (Volatile) ±0.1319

September Spread (Stable) ±0.0247

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0097 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 10.1113) against the same month in 2023 (average: 10.0396), the exchange rate shifted by +0.0717 (+0.71%).

2024 Avg (August) 10.1113

2023 Avg (August) 10.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0934	10.0334	10.0598
February	10.1123	10.0157	10.0937
March	10.1269	10.0738	10.0996
April	10.1525	10.0677	10.1051
May	10.1298	10.0711	10.0954
June	10.1252	10.0103	10.0982
July	10.1208	10.0810	10.0991
August	10.2031	10.0712	10.1113
September	10.1121	10.0874	10.1031
October	10.1162	10.0851	10.1008
November	10.1219	10.0893	10.1004
December	10.1174	10.0843	10.0980