2024 SAR to NIO Historical Review

YEARLY HIGH

9.8631 NIO

YEARLY LOW

9.7374 NIO

YEARLY AVERAGE

9.8028 NIO

2024 SAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 9.8631. Conversely, the yearly low was recorded on January 7, dropping to 9.7374.

This high-to-low spread represents a total annual volatility of 0.1258 NIO. From a start-to-finish perspective, comparing the January average rate of 9.7728 to the December average rate of 9.7922, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 9.8631 was up 0.59% compared to the 2023 peak of 9.8058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 49,316 NIO

2023 Average 48,716 NIO

Yearly Trough Low 48,687 NIO

Transaction Impact: A difference of 628.94 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.8178

9.7687

JanuMarcMayJulySeptNove

SAR 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 9.8028, compared to 9.8027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 9.8028

H2 Avg (Jul–Dec) 9.8027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0760 NIO (High: 9.8631 / Low: 9.7871). On the other end, July was the most stable month, with a tight range of 0.0362 NIO (High: 9.8228 / Low: 9.7866).

June Spread (Volatile) ±0.0760

July Spread (Stable) ±0.0362

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 October and November, when the average rate fell by 0.0077 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 9.8101) against the same month in 2023 (average: 9.7468), the exchange rate shifted by +0.0633 (+0.65%).

2024 Avg (June) 9.8101

2023 Avg (June) 9.7468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.8001	9.7374	9.7728
February	9.8354	9.7839	9.8068
March	9.8411	9.7701	9.8070
April	9.8523	9.7853	9.8137
May	9.8324	9.7714	9.8065
June	9.8631	9.7871	9.8101
July	9.8228	9.7866	9.8105
August	9.8275	9.7530	9.8047
September	9.8260	9.7877	9.8082
October	9.8368	9.7892	9.8042
November	9.8417	9.7737	9.7965
December	9.8124	9.7572	9.7922