2015 TOP to NIO Historical Review

YEARLY HIGH

13.5183 NIO

YEARLY LOW

11.9971 NIO

YEARLY AVERAGE

12.7978 NIO

2015 TOP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TOP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 13.5183. Conversely, the yearly low was recorded on September 4, dropping to 11.9971.

This high-to-low spread represents a total annual volatility of 1.5213 NIO. From a start-to-finish perspective, comparing the January average rate of 13.4094 to the December average rate of 12.4274, the exchange rate registered a net change of -7.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 13.5183 was down 6.46% compared to the 2014 peak of 14.4517, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,592 NIO

2014 Average 68,842 NIO

Yearly Trough Low 59,985 NIO

Transaction Impact: A difference of 7,606.44 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

13.5248

12.1403

JanuMarcMayJulySeptNove

TOP 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 13.2175, compared to 12.3781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8394 points.

H1 Avg (Jan–Jun) 13.2175

H2 Avg (Jul–Dec) 12.3781

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 0.7941 NIO (High: 12.7912 / Low: 11.9971). On the other end, April was the most stable month, with a tight range of 0.1075 NIO (High: 13.2712 / Low: 13.1637).

September Spread (Volatile) ±0.7941

April Spread (Stable) ±0.1075

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 June and July, when the average rate fell by 0.3941 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3941

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 13.4094) against the same month in 2014 (average: 13.6467), the exchange rate shifted by -0.2373 (-1.74%).

2015 Avg (January) 13.4094

2014 Avg (January) 13.6467

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5183	13.3279	13.4094
February	13.4443	13.0815	13.2788
March	13.3968	13.0851	13.2542
April	13.2712	13.1637	13.2296
May	13.3092	13.1743	13.2439
June	13.1679	12.4509	12.8893
July	12.6681	12.2514	12.4952
August	12.2937	12.0565	12.2556
September	12.7912	11.9971	12.4263
October	12.4288	12.2248	12.3179
November	12.4452	12.1939	12.3463
December	12.4933	12.2339	12.4274