2021 NIO to AFN Historical Review

YEARLY HIGH

3.3316 AFN

YEARLY LOW

2.1989 AFN

YEARLY AVERAGE

2.3761 AFN

2021 NIO to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 3.3316. Conversely, the yearly low was recorded on May 15, dropping to 2.1989.

This high-to-low spread represents a total annual volatility of 1.1327 AFN. From a start-to-finish perspective, comparing the January average rate of 2.2123 to the December average rate of 2.8843, the exchange rate registered a net change of 30.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.3316 was up 44.09% compared to the 2020 peak of 2.3121, 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 16,658 AFN

2020 Average 11,171 AFN

Yearly Trough Low 10,994 AFN

Transaction Impact: A difference of 5,663.46 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9515

2.1451

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 2.2197, compared to 2.5324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3128 points.

H1 Avg (Jan–Jun) 2.2197

H2 Avg (Jul–Dec) 2.5324

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.6071 AFN (High: 3.3316 / Low: 2.7244). On the other end, March was the most stable month, with a tight range of 0.0325 AFN (High: 2.2329 / Low: 2.2004).

December Spread (Volatile) ±0.6071

March Spread (Stable) ±0.0325

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0045 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.8843) against the same month in 2020 (average: 2.2108), the exchange rate shifted by +0.6735 (+30.47%).

2021 Avg (December) 2.8843

2020 Avg (December) 2.2108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2454	2.2011	2.2123
February	2.2457	2.2019	2.2128
March	2.2329	2.2004	2.2126
April	2.2478	2.2009	2.2215
May	2.2447	2.1989	2.2170
June	2.2754	2.2199	2.2419
July	2.3432	2.2482	2.2835
August	2.4572	2.2684	2.3673
September	2.5297	2.4116	2.4671
October	2.5790	2.5348	2.5598
November	2.7310	2.5589	2.6325
December	3.3316	2.7244	2.8843