2018 TOP to NIO Historical Review

YEARLY HIGH

14.3958 NIO

YEARLY LOW

13.5492 NIO

YEARLY AVERAGE

13.9338 NIO

2018 TOP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 14.3958. Conversely, the yearly low was recorded on July 3, dropping to 13.5492.

This high-to-low spread represents a total annual volatility of 0.8466 NIO. From a start-to-finish perspective, comparing the January average rate of 13.7794 to the December average rate of 14.2451, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 14.3958 was up 3.65% compared to the 2017 peak of 13.8884, 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 71,979 NIO

2017 Average 66,214 NIO

Yearly Trough Low 67,746 NIO

Transaction Impact: A difference of 4,232.84 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.2995

13.6465

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 13.9273, compared to 13.9404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 13.9273

H2 Avg (Jul–Dec) 13.9404

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.5118 NIO (High: 14.0818 / Low: 13.5700). On the other end, August was the most stable month, with a tight range of 0.1298 NIO (High: 13.8626 / Low: 13.7327).

January Spread (Volatile) ±0.5118

August Spread (Stable) ±0.1298

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1827 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 14.2451) against the same month in 2017 (average: 13.4742), the exchange rate shifted by +0.7708 (+5.72%).

2018 Avg (December) 14.2451

2017 Avg (December) 13.4742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0818	13.5700	13.7794
February	14.1567	13.9199	14.0700
March	14.1311	13.9121	14.0139
April	14.1492	13.8530	14.0311
May	14.1249	13.6518	13.8484
June	13.9179	13.6685	13.8207
July	13.8059	13.5492	13.7009
August	13.8626	13.7327	13.7980
September	13.9686	13.8198	13.8674
October	14.0323	13.8812	13.9561
November	14.1417	14.0034	14.0750
December	14.3958	14.1326	14.2451