2011 ALL to RON Historical Review

YEARLY HIGH

0.0319 RON

YEARLY LOW

0.0286 RON

YEARLY AVERAGE

0.0302 RON

2011 ALL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ALL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.0319. Conversely, the yearly low was recorded on April 29, dropping to 0.0286.

This high-to-low spread represents a total annual volatility of 0.0032 RON. From a start-to-finish perspective, comparing the January average rate of 0.0307 to the December average rate of 0.0313, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0319 was down 0.74% compared to the 2010 peak of 0.0321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159 RON

2010 Average 153 RON

Yearly Trough Low 143 RON

Transaction Impact: A difference of 16.25 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0315

0.0287

JanuMarcMayJulySeptNove

ALL to RON 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 0.0297, compared to 0.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0297

H2 Avg (Jul–Dec) 0.0307

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0013 RON (High: 0.0310 / Low: 0.0296). On the other end, January was the most stable month, with a tight range of 0.0004 RON (High: 0.0309 / Low: 0.0305).

July Spread (Volatile) ±0.0013

January Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0007 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0313) against the same month in 2010 (average: 0.0310), the exchange rate shifted by +0.0003 (+1.06%).

2011 Avg (December) 0.0313

2010 Avg (December) 0.0310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0309	0.0305	0.0307
February	0.0306	0.0300	0.0304
March	0.0301	0.0291	0.0297
April	0.0295	0.0286	0.0290
May	0.0292	0.0286	0.0290
June	0.0302	0.0289	0.0295
July	0.0310	0.0296	0.0303
August	0.0310	0.0301	0.0304
September	0.0310	0.0301	0.0305
October	0.0311	0.0304	0.0307
November	0.0312	0.0307	0.0309
December	0.0319	0.0310	0.0313