2015 NIO to AFN Historical Review

YEARLY HIGH

2.4896 AFN

YEARLY LOW

2.1462 AFN

YEARLY AVERAGE

2.2594 AFN

2015 NIO to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NIO to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 2.4896. Conversely, the yearly low was recorded on January 24, dropping to 2.1462.

This high-to-low spread represents a total annual volatility of 0.3434 AFN. From a start-to-finish perspective, comparing the January average rate of 2.1720 to the December average rate of 2.4225, the exchange rate registered a net change of 11.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.4896 was up 10.46% compared to the 2014 peak of 2.2539, 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 12,448 AFN

2014 Average 10,972 AFN

Yearly Trough Low 10,731 AFN

Transaction Impact: A difference of 1,717.06 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.4497

2.1232

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 2.1725, compared to 2.3462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1737 points.

H1 Avg (Jan–Jun) 2.1725

H2 Avg (Jul–Dec) 2.3462

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.1423 AFN (High: 2.3909 / Low: 2.2486). On the other end, February was the most stable month, with a tight range of 0.0093 AFN (High: 2.1559 / Low: 2.1466).

August Spread (Volatile) ±0.1423

February Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0216 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 2.4168) against the same month in 2014 (average: 2.1725), the exchange rate shifted by +0.2443 (+11.25%).

2015 Avg (November) 2.4168

2014 Avg (November) 2.1725

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1959	2.1462	2.1720
February	2.1559	2.1466	2.1504
March	2.1694	2.1464	2.1578
April	2.1680	2.1518	2.1591
May	2.2300	2.1628	2.1910
June	2.2578	2.1818	2.2047
July	2.2612	2.2319	2.2462
August	2.3909	2.2486	2.3170
September	2.3669	2.3028	2.3292
October	2.3585	2.3299	2.3453
November	2.4896	2.3515	2.4168
December	2.4687	2.3832	2.4225