2015 ARS to NIO Historical Review

YEARLY HIGH

3.1298 NIO

YEARLY LOW

2.0960 NIO

YEARLY AVERAGE

2.9418 NIO

2015 ARS to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ARS to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 3.1298. Conversely, the yearly low was recorded on December 17, dropping to 2.0960.

This high-to-low spread represents a total annual volatility of 1.0338 NIO. From a start-to-finish perspective, comparing the January average rate of 3.0911 to the December average rate of 2.5121, the exchange rate registered a net change of -18.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.1298 was down 19.76% compared to the 2014 peak of 3.9006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,649 NIO

2014 Average 16,053 NIO

Yearly Trough Low 10,480 NIO

Transaction Impact: A difference of 5,169.10 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.1490

2.4542

JanuMarcMayJulySeptNove

ARS 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 3.0341, compared to 2.8495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1846 points.

H1 Avg (Jan–Jun) 3.0341

H2 Avg (Jul–Dec) 2.8495

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.7877 NIO (High: 2.8836 / Low: 2.0960). On the other end, July was the most stable month, with a tight range of 0.0253 NIO (High: 2.9636 / Low: 2.9383).

December Spread (Volatile) ±0.7877

July Spread (Stable) ±0.0253

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2015. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3472 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.3472

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 3.0911) against the same month in 2014 (average: 3.6576), the exchange rate shifted by -0.5665 (-15.49%).

2015 Avg (January) 3.0911

2014 Avg (January) 3.6576

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.1298	3.0748	3.0911
February	3.0899	3.0557	3.0721
March	3.0617	3.0254	3.0439
April	3.0625	3.0013	3.0266
May	3.0117	2.9799	2.9968
June	2.9913	2.9424	2.9740
July	2.9636	2.9383	2.9539
August	2.9631	2.9287	2.9468
September	2.9395	2.8970	2.9244
October	2.9274	2.8748	2.9003
November	2.9088	2.8305	2.8592
December	2.8836	2.0960	2.5121