YEARLY HIGH
0.9810 NIO
YEARLY LOW
0.8745 NIO
YEARLY AVERAGE
0.9167 NIO

2024 UAH to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.9810. Conversely, the yearly low was recorded on December 30, dropping to 0.8745.

This high-to-low spread represents a total annual volatility of 0.1065 NIO. From a start-to-finish perspective, comparing the January average rate of 0.9685 to the December average rate of 0.8806, the exchange rate registered a net change of -9.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9810 was down 3.78% compared to the 2023 peak of 1.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,905 NIO
2023 Average 4,967 NIO
Yearly Trough Low 4,372 NIO
Transaction Impact: A difference of 532.53 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9773
0.8718
JanuMarcMayJulySeptNove

UAH 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 0.9427, compared to 0.8907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0520 points.

H1 Avg (Jan–Jun) 0.9427
H2 Avg (Jul–Dec) 0.8907

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0309 NIO (High: 0.9671 / Low: 0.9362). On the other end, October was the most stable month, with a tight range of 0.0043 NIO (High: 0.8938 / Low: 0.8896).

March Spread (Volatile) ±0.0309
October Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0180 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.9681) against the same month in 2023 (average: 0.9915), the exchange rate shifted by -0.0234 (-2.36%).

2024 Avg (February) 0.9681
2023 Avg (February) 0.9915

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9798 0.9585 0.9685
February 0.9810 0.9528 0.9681
March 0.9671 0.9362 0.9501
April 0.9478 0.9257 0.9348
May 0.9360 0.9065 0.9256
June 0.9169 0.9025 0.9087
July 0.9090 0.8838 0.8975
August 0.8984 0.8900 0.8934
September 0.8982 0.8865 0.8918
October 0.8938 0.8896 0.8921
November 0.8923 0.8838 0.8887
December 0.8886 0.8745 0.8806