2012 NIO to MRO Historical Review

YEARLY HIGH

12.8218 MRO

YEARLY LOW

12.2824 MRO

YEARLY AVERAGE

12.5341 MRO

2012 NIO to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NIO to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 12.8218. Conversely, the yearly low was recorded on December 16, dropping to 12.2824.

This high-to-low spread represents a total annual volatility of 0.5394 MRO. From a start-to-finish perspective, comparing the January average rate of 12.5209 to the December average rate of 12.3879, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 12.8218 was down 11.37% compared to the 2011 peak of 14.4664, 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 64,109 MRO

2011 Average 64,156 MRO

Yearly Trough Low 61,412 MRO

Transaction Impact: A difference of 2,697.11 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

12.7639

12.3537

JanuMarcMayJulySeptNove

NIO to MRO 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 12.5116, compared to 12.5566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0450 points.

H1 Avg (Jan–Jun) 12.5116

H2 Avg (Jul–Dec) 12.5566

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.3884 MRO (High: 12.7247 / Low: 12.3364). On the other end, November was the most stable month, with a tight range of 0.0637 MRO (High: 12.4575 / Low: 12.3937).

July Spread (Volatile) ±0.3884

November Spread (Stable) ±0.0637

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1631 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1631

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2012: 12.7297) against the same month in 2011 (average: 12.3235), the exchange rate shifted by +0.4062 (+3.30%).

2012 Avg (August) 12.7297

2011 Avg (August) 12.3235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5703	12.4026	12.5209
February	12.7038	12.4691	12.5821
March	12.7144	12.5043	12.6006
April	12.6172	12.3364	12.4461
May	12.6262	12.3098	12.4765
June	12.5423	12.2838	12.4432
July	12.7247	12.3364	12.5399
August	12.8218	12.6908	12.7297
September	12.7026	12.5390	12.6627
October	12.6619	12.4815	12.5911
November	12.4575	12.3937	12.4281
December	12.5170	12.2824	12.3879