YEARLY HIGH
0.0651 NIO
YEARLY LOW
0.0639 NIO
YEARLY AVERAGE
0.0644 NIO

2024 SOS to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0651. Conversely, the yearly low was recorded on June 8, dropping to 0.0639.

This high-to-low spread represents a total annual volatility of 0.0012 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0642 to the December average rate of 0.0644, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0651 was up 0.57% compared to the 2023 peak of 0.0647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 326 NIO
2023 Average 321 NIO
Yearly Trough Low 319 NIO
Transaction Impact: A difference of 6.07 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0645
0.0641
JanuMarcMayJulySeptNove

SOS 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 0.0643, compared to 0.0644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0643
H2 Avg (Jul–Dec) 0.0644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0009 NIO (High: 0.0651 / Low: 0.0642). On the other end, December was the most stable month, with a tight range of 0.0001 NIO (High: 0.0644 / Low: 0.0643).

August Spread (Volatile) ±0.0009
December Spread (Stable) ±0.0001

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0645) against the same month in 2023 (average: 0.0643), the exchange rate shifted by +0.0002 (+0.33%).

2024 Avg (August) 0.0645
2023 Avg (August) 0.0643

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0645 0.0640 0.0642
February 0.0645 0.0639 0.0643
March 0.0645 0.0642 0.0644
April 0.0648 0.0643 0.0644
May 0.0646 0.0643 0.0644
June 0.0645 0.0639 0.0644
July 0.0645 0.0644 0.0644
August 0.0651 0.0642 0.0645
September 0.0645 0.0640 0.0644
October 0.0645 0.0644 0.0644
November 0.0644 0.0640 0.0644
December 0.0644 0.0643 0.0644