YEARLY HIGH
0.0645 NIO
YEARLY LOW
0.0608 NIO
YEARLY AVERAGE
0.0615 NIO

2024 SDG to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.0645. Conversely, the yearly low was recorded on January 7, dropping to 0.0608.

This high-to-low spread represents a total annual volatility of 0.0037 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0610 to the December average rate of 0.0612, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0645 was down 3.91% compared to the 2023 peak of 0.0671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 323 NIO
2023 Average 307 NIO
Yearly Trough Low 304 NIO
Transaction Impact: A difference of 18.71 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0629
0.0608
JanuMarcMayJulySeptNove

SDG 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 0.0617, compared to 0.0613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0617
H2 Avg (Jul–Dec) 0.0613

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0035 NIO (High: 0.0645 / Low: 0.0610). On the other end, September was the most stable month, with a tight range of 0.0002 NIO (High: 0.0613 / Low: 0.0611).

May Spread (Volatile) ±0.0035
September Spread (Stable) ±0.0002

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 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0614) against the same month in 2023 (average: 0.0609), the exchange rate shifted by +0.0005 (+0.85%).

2024 Avg (May) 0.0614
2023 Avg (May) 0.0609

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0611 0.0608 0.0610
February 0.0614 0.0611 0.0612
March 0.0630 0.0610 0.0620
April 0.0631 0.0613 0.0628
May 0.0645 0.0610 0.0614
June 0.0631 0.0611 0.0620
July 0.0628 0.0611 0.0619
August 0.0613 0.0608 0.0612
September 0.0613 0.0611 0.0612
October 0.0614 0.0611 0.0612
November 0.0614 0.0610 0.0612
December 0.0613 0.0609 0.0612