2016 NIO to AFN Historical Review

YEARLY HIGH

2.4849 AFN

YEARLY LOW

2.2249 AFN

YEARLY AVERAGE

2.3716 AFN

2016 NIO to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NIO to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.4849. Conversely, the yearly low was recorded on December 31, dropping to 2.2249.

This high-to-low spread represents a total annual volatility of 0.2601 AFN. From a start-to-finish perspective, comparing the January average rate of 2.4656 to the December average rate of 2.2680, the exchange rate registered a net change of -8.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4849 was down 0.19% compared to the 2015 peak of 2.4896, 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 12,425 AFN

2015 Average 11,300 AFN

Yearly Trough Low 11,124 AFN

Transaction Impact: A difference of 1,300.33 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4853

2.2482

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 2.4342, compared to 2.3089 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1254 points.

H1 Avg (Jan–Jun) 2.4342

H2 Avg (Jul–Dec) 2.3089

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.1079 AFN (High: 2.3959 / Low: 2.2880). On the other end, October was the most stable month, with a tight range of 0.0174 AFN (High: 2.2767 / Low: 2.2594).

August Spread (Volatile) ±0.1079

October Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0682 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 2.4563) against the same month in 2015 (average: 2.1504), the exchange rate shifted by +0.3059 (+14.23%).

2016 Avg (February) 2.4563

2015 Avg (February) 2.1504

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4837	2.4483	2.4656
February	2.4849	2.4264	2.4563
March	2.4396	2.4117	2.4247
April	2.4399	2.4107	2.4284
May	2.4189	2.3942	2.4099
June	2.4385	2.3880	2.4205
July	2.4123	2.3869	2.4026
August	2.3959	2.2880	2.3344
September	2.3379	2.2677	2.3025
October	2.2767	2.2594	2.2684
November	2.3060	2.2599	2.2773
December	2.2864	2.2249	2.2680