YEARLY HIGH
0.0147 NIO
YEARLY LOW
0.0028 NIO
YEARLY AVERAGE
0.0143 NIO

2024 SYP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.0147. Conversely, the yearly low was recorded on December 22, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0119 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0146 to the December average rate of 0.0105, the exchange rate registered a net change of -28.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0147 was up 0.56% compared to the 2023 peak of 0.0146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74 NIO
2023 Average 73 NIO
Yearly Trough Low 14 NIO
Transaction Impact: A difference of 59.52 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0151
0.0100
JanuMarcMayJulySeptNove

SYP 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 0.0146, compared to 0.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0146
H2 Avg (Jul–Dec) 0.0139

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0118 NIO (High: 0.0147 / Low: 0.0028). On the other end, September was the most stable month, with a tight range of 0.0000 NIO (High: 0.0147 / Low: 0.0146).

December Spread (Volatile) ±0.0118
September Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0146) against the same month in 2023 (average: 0.0145), the exchange rate shifted by +0.0001 (+0.66%).

2024 Avg (June) 0.0146
2023 Avg (June) 0.0145

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0146 0.0145 0.0146
February 0.0147 0.0146 0.0146
March 0.0147 0.0146 0.0146
April 0.0147 0.0146 0.0147
May 0.0147 0.0146 0.0146
June 0.0147 0.0146 0.0146
July 0.0147 0.0146 0.0146
August 0.0147 0.0145 0.0146
September 0.0147 0.0146 0.0146
October 0.0147 0.0146 0.0147
November 0.0147 0.0146 0.0146
December 0.0147 0.0028 0.0105