2016 NIO to TOP Historical Review

YEARLY HIGH

0.0833 TOP

YEARLY LOW

0.0750 TOP

YEARLY AVERAGE

0.0788 TOP

2016 NIO to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NIO to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.0833. Conversely, the yearly low was recorded on November 9, dropping to 0.0750.

This high-to-low spread represents a total annual volatility of 0.0084 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0811 to the December average rate of 0.0778, the exchange rate registered a net change of -4.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0833 was down 0.01% compared to the 2015 peak of 0.0834, 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

2015 Average 391 TOP

Yearly Trough Low 375 TOP

Transaction Impact: A difference of 41.96 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0817

0.0761

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 0.0798, compared to 0.0777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0798

H2 Avg (Jul–Dec) 0.0777

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0036 TOP (High: 0.0786 / Low: 0.0750). On the other end, September was the most stable month, with a tight range of 0.0010 TOP (High: 0.0780 / Low: 0.0771).

November Spread (Volatile) ±0.0036

September Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0812) against the same month in 2015 (average: 0.0753), the exchange rate shifted by +0.0059 (+7.81%).

2016 Avg (February) 0.0812

2015 Avg (February) 0.0753

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0830	0.0799	0.0811
February	0.0833	0.0799	0.0812
March	0.0806	0.0792	0.0798
April	0.0798	0.0782	0.0791
May	0.0799	0.0780	0.0791
June	0.0800	0.0776	0.0786
July	0.0801	0.0785	0.0792
August	0.0794	0.0777	0.0784
September	0.0780	0.0771	0.0777
October	0.0779	0.0758	0.0765
November	0.0786	0.0750	0.0769
December	0.0799	0.0764	0.0778