2014 AFN to NIO Historical Review

YEARLY HIGH

0.4677 NIO

YEARLY LOW

0.4437 NIO

YEARLY AVERAGE

0.4557 NIO

2014 AFN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.4677. Conversely, the yearly low was recorded on January 27, dropping to 0.4437.

This high-to-low spread represents a total annual volatility of 0.0241 NIO. From a start-to-finish perspective, comparing the January average rate of 0.4516 to the December average rate of 0.4570, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4677 was down 2.29% compared to the 2013 peak of 0.4787, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,339 NIO

2013 Average 2,255 NIO

Yearly Trough Low 2,218 NIO

Transaction Impact: A difference of 120.35 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4647

0.4473

JanuMarcMayJulySeptNove

AFN 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 0.4512, compared to 0.4602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0090 points.

H1 Avg (Jan–Jun) 0.4512

H2 Avg (Jul–Dec) 0.4602

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0145 NIO (High: 0.4646 / Low: 0.4501). On the other end, December was the most stable month, with a tight range of 0.0064 NIO (High: 0.4598 / Low: 0.4534).

July Spread (Volatile) ±0.0145

December Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.4617) against the same month in 2013 (average: 0.4404), the exchange rate shifted by +0.0213 (+4.84%).

2014 Avg (September) 0.4617

2013 Avg (September) 0.4404

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4566	0.4437	0.4516
February	0.4537	0.4443	0.4491
March	0.4516	0.4440	0.4488
April	0.4589	0.4485	0.4528
May	0.4581	0.4513	0.4535
June	0.4540	0.4448	0.4513
July	0.4646	0.4501	0.4573
August	0.4656	0.4575	0.4633
September	0.4677	0.4537	0.4617
October	0.4670	0.4580	0.4618
November	0.4635	0.4570	0.4603
December	0.4598	0.4534	0.4570