2014 SZL to NIO Historical Review

YEARLY HIGH

2.5015 NIO

YEARLY LOW

2.2660 NIO

YEARLY AVERAGE

2.3956 NIO

2014 SZL to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 2.5015. Conversely, the yearly low was recorded on January 30, dropping to 2.2660.

This high-to-low spread represents a total annual volatility of 0.2354 NIO. From a start-to-finish perspective, comparing the January average rate of 2.3417 to the December average rate of 2.3048, the exchange rate registered a net change of -1.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5015 was down 12.06% compared to the 2013 peak of 2.8445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,507 NIO

2013 Average 12,823 NIO

Yearly Trough Low 11,330 NIO

Transaction Impact: A difference of 1,177.24 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.4935

2.2877

JanuMarcMayJulySeptNove

SZL 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 2.3975, compared to 2.3937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 2.3975

H2 Avg (Jul–Dec) 2.3937

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1497 NIO (High: 2.4158 / Low: 2.2660). On the other end, August was the most stable month, with a tight range of 0.0428 NIO (High: 2.4667 / Low: 2.4239).

January Spread (Volatile) ±0.1497

August Spread (Stable) ±0.0428

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 0.0920 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0920

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.4764) against the same month in 2013 (average: 2.6288), the exchange rate shifted by -0.1524 (-5.80%).

2014 Avg (May) 2.4764

2013 Avg (May) 2.6288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4158	2.2660	2.3417
February	2.3760	2.2737	2.3201
March	2.4368	2.3401	2.3792
April	2.4720	2.4117	2.4383
May	2.5015	2.4478	2.4764
June	2.4538	2.4007	2.4293
July	2.4749	2.4110	2.4396
August	2.4667	2.4239	2.4454
September	2.4558	2.3241	2.3879
October	2.4344	2.3080	2.3877
November	2.4271	2.3585	2.3968
December	2.4124	2.2682	2.3048