YEARLY HIGH
0.4407 NIO
YEARLY LOW
0.3236 NIO
YEARLY AVERAGE
0.3974 NIO

2024 RUB to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.4407. Conversely, the yearly low was recorded on December 31, dropping to 0.3236.

This high-to-low spread represents a total annual volatility of 0.1172 NIO. From a start-to-finish perspective, comparing the January average rate of 0.4103 to the December average rate of 0.3547, the exchange rate registered a net change of -13.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4407 was down 20.07% compared to the 2023 peak of 0.5513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,204 NIO
2023 Average 2,163 NIO
Yearly Trough Low 1,618 NIO
Transaction Impact: A difference of 585.75 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4281
0.3481
JanuMarcMayJulySeptNove

RUB 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 0.4047, compared to 0.3901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.4047
H2 Avg (Jul–Dec) 0.3901

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0580 NIO (High: 0.3834 / Low: 0.3254). On the other end, March was the most stable month, with a tight range of 0.0097 NIO (High: 0.4054 / Low: 0.3957).

November Spread (Volatile) ±0.0580
March Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.0208 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.4176) against the same month in 2023 (average: 0.4385), the exchange rate shifted by -0.0209 (-4.78%).

2024 Avg (June) 0.4176
2023 Avg (June) 0.4385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4170 0.3983 0.4103
February 0.4062 0.3884 0.4005
March 0.4054 0.3957 0.4004
April 0.4003 0.3902 0.3958
May 0.4163 0.3927 0.4037
June 0.4407 0.4068 0.4176
July 0.4331 0.4137 0.4214
August 0.4338 0.4003 0.4137
September 0.4198 0.3904 0.4032
October 0.3898 0.3775 0.3825
November 0.3834 0.3254 0.3650
December 0.3722 0.3236 0.3547