2012 NIO to TOP Historical Review

YEARLY HIGH

0.0771 TOP

YEARLY LOW

0.0713 TOP

YEARLY AVERAGE

0.0739 TOP

2012 NIO to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NIO to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.0771. Conversely, the yearly low was recorded on November 16, dropping to 0.0713.

This high-to-low spread represents a total annual volatility of 0.0059 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0756 to the December average rate of 0.0722, the exchange rate registered a net change of -4.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0771 was down 18.89% compared to the 2011 peak of 0.0951, 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 386 TOP

2011 Average 403 TOP

Yearly Trough Low 356 TOP

Transaction Impact: A difference of 29.37 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0766

0.0718

JanuMarcMayJulySeptNove

NIO to TOP 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 0.0743, compared to 0.0734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0743

H2 Avg (Jul–Dec) 0.0734

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0052 TOP (High: 0.0771 / Low: 0.0719). On the other end, April was the most stable month, with a tight range of 0.0008 TOP (High: 0.0734 / Low: 0.0726).

May Spread (Volatile) ±0.0052

April Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 0.0753) against the same month in 2011 (average: 0.0793), the exchange rate shifted by -0.0040 (-5.05%).

2012 Avg (May) 0.0753

2011 Avg (May) 0.0793

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0763	0.0739	0.0756
February	0.0740	0.0725	0.0732
March	0.0737	0.0723	0.0727
April	0.0734	0.0726	0.0730
May	0.0771	0.0719	0.0753
June	0.0768	0.0758	0.0762
July	0.0766	0.0738	0.0754
August	0.0745	0.0735	0.0739
September	0.0747	0.0718	0.0733
October	0.0738	0.0723	0.0730
November	0.0743	0.0713	0.0725
December	0.0734	0.0714	0.0722