YEARLY HIGH
0.3519 NIO
YEARLY LOW
0.3255 NIO
YEARLY AVERAGE
0.3399 NIO

2024 RSD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.3519. Conversely, the yearly low was recorded on December 31, dropping to 0.3255.

This high-to-low spread represents a total annual volatility of 0.0264 NIO. From a start-to-finish perspective, comparing the January average rate of 0.3411 to the December average rate of 0.3294, the exchange rate registered a net change of -3.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3519 was up 0.36% compared to the 2023 peak of 0.3506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,760 NIO
2023 Average 1,686 NIO
Yearly Trough Low 1,628 NIO
Transaction Impact: A difference of 131.84 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3513
0.3274
JanuMarcMayJulySeptNove

RSD 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 0.3393, compared to 0.3406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.3393
H2 Avg (Jul–Dec) 0.3406

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0167 NIO (High: 0.3438 / Low: 0.3271). On the other end, February was the most stable month, with a tight range of 0.0048 NIO (High: 0.3411 / Low: 0.3363).

November Spread (Volatile) ±0.0167
February Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0086 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.3466) against the same month in 2023 (average: 0.3403), the exchange rate shifted by +0.0063 (+1.84%).

2024 Avg (August) 0.3466
2023 Avg (August) 0.3403

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3460 0.3379 0.3411
February 0.3411 0.3363 0.3387
March 0.3440 0.3379 0.3412
April 0.3412 0.3336 0.3370
May 0.3422 0.3346 0.3395
June 0.3424 0.3356 0.3382
July 0.3440 0.3377 0.3412
August 0.3519 0.3392 0.3466
September 0.3517 0.3463 0.3493
October 0.3475 0.3386 0.3428
November 0.3438 0.3271 0.3342
December 0.3330 0.3255 0.3294