2020 TOP to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TOP to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TOP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 15.4295. Conversely, the yearly low was recorded on March 23, dropping to 14.0726.
This high-to-low spread represents a total annual volatility of 1.3570 NIO. From a start-to-finish perspective, comparing the January average rate of 14.7806 to the December average rate of 15.2638, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 15.4295 was up 2.95% compared to the 2019 peak of 14.9872, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.7164, compared to 15.1789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4625 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.7055 NIO (High: 14.7781 / Low: 14.0726). On the other end, December was the most stable month, with a tight range of 0.1269 NIO (High: 15.3353 / Low: 15.2084).
Growth Streaks & Declines
TrendsBetween March and August, 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 February and March, when the average rate fell by 0.2127 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2020: 15.2176) against the same month in 2019 (average: 14.4722), the exchange rate shifted by +0.7454 (+5.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.9365 | 14.6456 | 14.7806 |
| February | 14.7987 | 14.5453 | 14.6754 |
| March | 14.7781 | 14.0726 | 14.4627 |
| April | 14.9753 | 14.3794 | 14.5998 |
| May | 14.9856 | 14.5370 | 14.7317 |
| June | 15.2270 | 14.8347 | 15.0482 |
| July | 15.2869 | 14.8826 | 15.1697 |
| August | 15.3686 | 15.1525 | 15.2437 |
| September | 15.4295 | 14.9919 | 15.2176 |
| October | 15.1009 | 14.9256 | 15.0207 |
| November | 15.3496 | 14.9253 | 15.1582 |
| December | 15.3353 | 15.2084 | 15.2638 |