YEARLY HIGH
13.2114 NIO
YEARLY LOW
13.0425 NIO
YEARLY AVERAGE
13.1364 NIO

2024 WST to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 13.2114. Conversely, the yearly low was recorded on January 7, dropping to 13.0425.

This high-to-low spread represents a total annual volatility of 0.1689 NIO. From a start-to-finish perspective, comparing the January average rate of 13.0892 to the December average rate of 13.1376, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.2114 was down 3.09% compared to the 2023 peak of 13.6322, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,057 NIO
2023 Average 66,908 NIO
Yearly Trough Low 65,212 NIO
Transaction Impact: A difference of 844.47 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.1551
13.0832
JanuMarcMayJulySeptNove

WST 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 13.1305, compared to 13.1423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 13.1305
H2 Avg (Jul–Dec) 13.1423

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1141 NIO (High: 13.1701 / Low: 13.0560). On the other end, September was the most stable month, with a tight range of 0.0424 NIO (High: 13.1629 / Low: 13.1205).

August Spread (Volatile) ±0.1141
September Spread (Stable) ±0.0424

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 0.0105 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 13.1419) against the same month in 2023 (average: 13.4122), the exchange rate shifted by -0.2703 (-2.02%).

2024 Avg (June) 13.1419
2023 Avg (June) 13.4122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1250 13.0425 13.0892
February 13.1727 13.1052 13.1349
March 13.1803 13.0865 13.1357
April 13.2000 13.1096 13.1460
May 13.1704 13.0880 13.1355
June 13.2114 13.1154 13.1419
July 13.1607 13.1098 13.1430
August 13.1701 13.0560 13.1396
September 13.1629 13.1205 13.1442
October 13.1963 13.1296 13.1491
November 13.1990 13.1145 13.1401
December 13.1610 13.0897 13.1376