2016 SZL to NIO Historical Review

YEARLY HIGH

2.1870 NIO

YEARLY LOW

1.6539 NIO

YEARLY AVERAGE

1.9526 NIO

2016 SZL to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SZL to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 2.1870. Conversely, the yearly low was recorded on January 18, dropping to 1.6539.

This high-to-low spread represents a total annual volatility of 0.5331 NIO. From a start-to-finish perspective, comparing the January average rate of 1.7105 to the December average rate of 2.1111, the exchange rate registered a net change of 23.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1870 was down 6.89% compared to the 2015 peak of 2.3488, 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 10,935 NIO

2015 Average 10,660 NIO

Yearly Trough Low 8,269 NIO

Transaction Impact: A difference of 2,665.66 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1512

1.6705

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 1.8349, compared to 2.0702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2353 points.

H1 Avg (Jan–Jun) 1.8349

H2 Avg (Jul–Dec) 2.0702

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.1987 NIO (High: 2.0041 / Low: 1.8055). On the other end, December was the most stable month, with a tight range of 0.0845 NIO (High: 2.1602 / Low: 2.0757).

May Spread (Volatile) ±0.1987

December Spread (Stable) ±0.0845

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 April and May, when the average rate fell by 0.0669 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0669

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 2.0842) against the same month in 2015 (average: 1.9406), the exchange rate shifted by +0.1436 (+7.40%).

2016 Avg (November) 2.0842

2015 Avg (November) 1.9406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8013	1.6539	1.7105
February	1.8439	1.7102	1.7746
March	1.9059	1.7777	1.8383
April	1.9957	1.8446	1.9294
May	2.0041	1.8055	1.8625
June	1.9830	1.8241	1.8940
July	2.0586	1.9331	1.9859
August	2.1622	2.0031	2.0979
September	2.1424	1.9802	2.0578
October	2.1411	2.0302	2.0843
November	2.1870	2.0066	2.0842
December	2.1602	2.0757	2.1111