2011 NIO to HTG Historical Review

YEARLY HIGH

2.0563 HTG

YEARLY LOW

1.7564 HTG

YEARLY AVERAGE

1.8632 HTG

2011 NIO to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NIO to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.0563. Conversely, the yearly low was recorded on December 31, dropping to 1.7564.

This high-to-low spread represents a total annual volatility of 0.2999 HTG. From a start-to-finish perspective, comparing the January average rate of 2.0286 to the December average rate of 1.7643, the exchange rate registered a net change of -13.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.0563 was down 2.21% compared to the 2010 peak of 2.1029, 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 10,282 HTG

2010 Average 10,261 HTG

Yearly Trough Low 8,782 HTG

Transaction Impact: A difference of 1,499.40 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.0775

1.7358

JanuMarcMayJulySeptNove

NIO to HTG 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 1.9369, compared to 1.7896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1473 points.

H1 Avg (Jan–Jun) 1.9369

H2 Avg (Jul–Dec) 1.7896

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.2055 HTG (High: 2.0215 / Low: 1.8160). On the other end, October was the most stable month, with a tight range of 0.0138 HTG (High: 1.8015 / Low: 1.7878).

April Spread (Volatile) ±0.2055

October Spread (Stable) ±0.0138

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1828 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1828

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 2.0490) against the same month in 2010 (average: 2.0736), the exchange rate shifted by -0.0246 (-1.19%).

2011 Avg (February) 2.0490

2010 Avg (February) 2.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0534	2.0136	2.0286
February	2.0563	2.0390	2.0490
March	2.0517	2.0223	2.0408
April	2.0215	1.8160	1.8579
May	1.8370	1.8075	1.8274
June	1.8290	1.8013	1.8175
July	1.8210	1.7935	1.8059
August	1.8140	1.7874	1.7999
September	1.8030	1.7833	1.7930
October	1.8015	1.7878	1.7948
November	1.7979	1.7635	1.7795
December	1.7742	1.7564	1.7643