2011 NIO to BTN Historical Review

YEARLY HIGH

2.3401 BTN

YEARLY LOW

1.9587 BTN

YEARLY AVERAGE

2.1374 BTN

2011 NIO to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NIO to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2.3401. Conversely, the yearly low was recorded on August 1, dropping to 1.9587.

This high-to-low spread represents a total annual volatility of 0.3815 BTN. From a start-to-finish perspective, comparing the January average rate of 2.2878 to the December average rate of 2.2882, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3401 was down 4.18% compared to the 2010 peak of 2.4423, 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 11,701 BTN

2010 Average 11,676 BTN

Yearly Trough Low 9,793 BTN

Transaction Impact: A difference of 1,907.26 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.3194

1.9453

JanuMarcMayJulySeptNove

NIO to BTN 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 2.1462, compared to 2.1286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 2.1462

H2 Avg (Jul–Dec) 2.1286

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.2451 BTN (High: 2.2318 / Low: 1.9866). On the other end, June was the most stable month, with a tight range of 0.0170 BTN (High: 2.0100 / Low: 1.9930).

April Spread (Volatile) ±0.2451

June Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2264 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.2882) against the same month in 2010 (average: 2.2765), the exchange rate shifted by +0.0117 (+0.51%).

2011 Avg (December) 2.2882

2010 Avg (December) 2.2765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3121	2.2537	2.2878
February	2.3019	2.2586	2.2844
March	2.2733	2.2347	2.2559
April	2.2318	1.9866	2.0295
May	2.0315	1.9912	2.0151
June	2.0100	1.9930	2.0043
July	1.9910	1.9587	1.9765
August	2.0430	1.9587	2.0121
September	2.1883	2.0195	2.0994
October	2.1986	2.1461	2.1695
November	2.2923	2.1563	2.2256
December	2.3401	2.2323	2.2882