2015 NIO to TOP Historical Review

YEARLY HIGH

0.0834 TOP

YEARLY LOW

0.0740 TOP

YEARLY AVERAGE

0.0782 TOP

2015 NIO to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NIO to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.0834. Conversely, the yearly low was recorded on January 2, dropping to 0.0740.

This high-to-low spread represents a total annual volatility of 0.0094 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0746 to the December average rate of 0.0805, the exchange rate registered a net change of 7.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0834 was up 10.07% compared to the 2014 peak of 0.0757, 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 417 TOP

2014 Average 363 TOP

Yearly Trough Low 370 TOP

Transaction Impact: A difference of 46.90 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0823

0.0739

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 0.0757, compared to 0.0808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0757

H2 Avg (Jul–Dec) 0.0808

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 0.0052 TOP (High: 0.0834 / Low: 0.0782). On the other end, April was the most stable month, with a tight range of 0.0006 TOP (High: 0.0760 / Low: 0.0754).

September Spread (Volatile) ±0.0052

April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.0805) against the same month in 2014 (average: 0.0727), the exchange rate shifted by +0.0078 (+10.72%).

2015 Avg (September) 0.0805

2014 Avg (September) 0.0727

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0750	0.0740	0.0746
February	0.0764	0.0744	0.0753
March	0.0764	0.0746	0.0755
April	0.0760	0.0754	0.0756
May	0.0759	0.0751	0.0755
June	0.0803	0.0759	0.0776
July	0.0816	0.0789	0.0800
August	0.0829	0.0813	0.0816
September	0.0834	0.0782	0.0805
October	0.0818	0.0805	0.0812
November	0.0820	0.0804	0.0810
December	0.0817	0.0800	0.0805