2012 NIO to AFN Historical Review

YEARLY HIGH

2.2196 AFN

YEARLY LOW

1.9835 AFN

YEARLY AVERAGE

2.0834 AFN

2012 NIO to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NIO to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 2.2196. Conversely, the yearly low was recorded on January 3, dropping to 1.9835.

This high-to-low spread represents a total annual volatility of 0.2361 AFN. From a start-to-finish perspective, comparing the January average rate of 2.0032 to the December average rate of 2.1354, the exchange rate registered a net change of 6.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.2196 was up 2.25% compared to the 2011 peak of 2.1707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,098 AFN

2011 Average 10,141 AFN

Yearly Trough Low 9,917 AFN

Transaction Impact: A difference of 1,180.59 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.1964

1.9857

JanuMarcMayJulySeptNove

NIO to AFN 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 2.0619, compared to 2.1048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0430 points.

H1 Avg (Jan–Jun) 2.0619

H2 Avg (Jul–Dec) 2.1048

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 0.1316 AFN (High: 2.1315 / Low: 2.0000). On the other end, August was the most stable month, with a tight range of 0.0089 AFN (High: 2.0478 / Low: 2.0389).

February Spread (Volatile) ±0.1316

August Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0434 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 2.1788) against the same month in 2011 (average: 2.1114), the exchange rate shifted by +0.0674 (+3.19%).

2012 Avg (November) 2.1788

2011 Avg (November) 2.1114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0106	1.9835	2.0032
February	2.1315	2.0000	2.0833
March	2.1294	2.0757	2.0839
April	2.0778	2.0672	2.0725
May	2.0765	2.0618	2.0715
June	2.0669	2.0510	2.0569
July	2.0547	2.0411	2.0476
August	2.0478	2.0389	2.0420
September	2.1338	2.0322	2.0714
October	2.1646	2.1322	2.1538
November	2.2196	2.1543	2.1788
December	2.1663	2.1106	2.1354