2014 BND to NIO Historical Review

YEARLY HIGH

21.0063 NIO

YEARLY LOW

19.8155 NIO

YEARLY AVERAGE

20.5013 NIO

2014 BND to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 21.0063. Conversely, the yearly low was recorded on January 25, dropping to 19.8155.

This high-to-low spread represents a total annual volatility of 1.1908 NIO. From a start-to-finish perspective, comparing the January average rate of 19.9678 to the December average rate of 20.1345, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 21.0063 was up 3.00% compared to the 2013 peak of 20.3953, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,031 NIO

2013 Average 98,645 NIO

Yearly Trough Low 99,078 NIO

Transaction Impact: A difference of 5,953.79 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

21.0211

19.8721

JanuMarcMayJulySeptNove

BND 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 20.3430, compared to 20.6595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3165 points.

H1 Avg (Jan–Jun) 20.3430

H2 Avg (Jul–Dec) 20.6595

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.5321 NIO (High: 20.9479 / Low: 20.4158). On the other end, May was the most stable month, with a tight range of 0.1141 NIO (High: 20.6378 / Low: 20.5237).

September Spread (Volatile) ±0.5321

May Spread (Stable) ±0.1141

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3760 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.3760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 20.9253) against the same month in 2013 (average: 19.5827), the exchange rate shifted by +1.3426 (+6.86%).

2014 Avg (July) 20.9253

2013 Avg (July) 19.5827

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.1333	19.8155	19.9678
February	20.3010	19.9398	20.1147
March	20.4363	19.9910	20.1721
April	20.6241	20.3275	20.4987
May	20.6378	20.5237	20.5904
June	20.8287	20.5300	20.7145
July	21.0063	20.8445	20.9253
August	20.9568	20.7894	20.8907
September	20.9479	20.4158	20.7409
October	20.9306	20.4197	20.7553
November	20.7346	20.3844	20.5105
December	20.3605	19.9698	20.1345