2024 SCR to NIO Historical Review

YEARLY HIGH

2.8709 NIO

YEARLY LOW

2.4341 NIO

YEARLY AVERAGE

2.6918 NIO

2024 SCR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.8709. Conversely, the yearly low was recorded on August 4, dropping to 2.4341.

This high-to-low spread represents a total annual volatility of 0.4368 NIO. From a start-to-finish perspective, comparing the January average rate of 2.7390 to the December average rate of 2.6078, the exchange rate registered a net change of -4.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8709 was down 0.13% compared to the 2023 peak of 2.8745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,354 NIO

2023 Average 13,607 NIO

Yearly Trough Low 12,170 NIO

Transaction Impact: A difference of 2,183.96 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7521

2.5947

JanuMarcMayJulySeptNove

SCR 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 2.7075, compared to 2.6762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0313 points.

H1 Avg (Jan–Jun) 2.7075

H2 Avg (Jul–Dec) 2.6762

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.4362 NIO (High: 2.8703 / Low: 2.4341). On the other end, May was the most stable month, with a tight range of 0.0828 NIO (High: 2.7422 / Low: 2.6594).

August Spread (Volatile) ±0.4362

May Spread (Stable) ±0.0828

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 November and December, when the average rate fell by 0.0688 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.7373) against the same month in 2023 (average: 2.7843), the exchange rate shifted by -0.0471 (-1.69%).

2024 Avg (September) 2.7373

2023 Avg (September) 2.7843

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8064	2.6363	2.7390
February	2.7906	2.6627	2.7329
March	2.7586	2.5846	2.7063
April	2.7405	2.5597	2.7087
May	2.7422	2.6594	2.6933
June	2.7138	2.5052	2.6646
July	2.7248	2.6079	2.6678
August	2.8703	2.4341	2.6808
September	2.8709	2.6349	2.7373
October	2.8148	2.4465	2.6870
November	2.7476	2.5706	2.6766
December	2.7640	2.4366	2.6078