2014 SAR to NIO Historical Review

YEARLY HIGH

7.1084 NIO

YEARLY LOW

6.7273 NIO

YEARLY AVERAGE

6.9249 NIO

2014 SAR to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 7.1084. Conversely, the yearly low was recorded on January 12, dropping to 6.7273.

This high-to-low spread represents a total annual volatility of 0.3811 NIO. From a start-to-finish perspective, comparing the January average rate of 6.7751 to the December average rate of 7.0619, the exchange rate registered a net change of 4.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 7.1084 was up 4.43% compared to the 2013 peak of 6.8072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SAR based on timing:

Yearly Peak High 35,542 NIO

2013 Average 32,901 NIO

Yearly Trough Low 33,637 NIO

Transaction Impact: A difference of 1,905.44 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

7.1103

6.7446

JanuMarcMayJulySeptNove

SAR to NIO 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 6.8373, compared to 7.0125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1752 points.

H1 Avg (Jan–Jun) 6.8373

H2 Avg (Jul–Dec) 7.0125

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1680 NIO (High: 7.0410 / Low: 6.8730). On the other end, July was the most stable month, with a tight range of 0.0139 NIO (High: 6.9424 / Low: 6.9284).

September Spread (Volatile) ±0.1680

July Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0178 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 7.0537) against the same month in 2013 (average: 6.6007), the exchange rate shifted by +0.4530 (+6.86%).

2014 Avg (October) 7.0537

2013 Avg (October) 6.6007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.8218	6.7273	6.7751
February	6.8373	6.7594	6.7933
March	6.8611	6.7728	6.8138
April	6.8717	6.8476	6.8598
May	6.8852	6.8642	6.8736
June	6.9313	6.8658	6.9082
July	6.9424	6.9284	6.9360
August	6.9923	6.9336	6.9548
September	7.0410	6.8730	6.9888
October	7.1084	6.9644	7.0537
November	7.1041	7.0590	7.0798
December	7.0852	7.0434	7.0619