2012 ARS to RON Historical Review

YEARLY HIGH

0.8399 RON

YEARLY LOW

0.6799 RON

YEARLY AVERAGE

0.7638 RON

2012 ARS to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ARS to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.8399. Conversely, the yearly low was recorded on December 27, dropping to 0.6799.

This high-to-low spread represents a total annual volatility of 0.1600 RON. From a start-to-finish perspective, comparing the January average rate of 0.7792 to the December average rate of 0.7006, the exchange rate registered a net change of -10.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.8399 was up 1.16% compared to the 2011 peak of 0.8303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,199 RON

2011 Average 3,694 RON

Yearly Trough Low 3,400 RON

Transaction Impact: A difference of 799.83 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.8264

0.6892

JanuMarcMayJulySeptNove

ARS 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 0.7713, compared to 0.7563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.7713

H2 Avg (Jul–Dec) 0.7563

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0594 RON (High: 0.8399 / Low: 0.7805). On the other end, April was the most stable month, with a tight range of 0.0131 RON (High: 0.7631 / Low: 0.7501).

July Spread (Volatile) ±0.0594

April Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between April and July, 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 August and September, when the average rate fell by 0.0424 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.8149) against the same month in 2011 (average: 0.7208), the exchange rate shifted by +0.0941 (+13.06%).

2012 Avg (July) 0.8149

2011 Avg (July) 0.7208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7960	0.7602	0.7792
February	0.7688	0.7443	0.7570
March	0.7700	0.7500	0.7593
April	0.7631	0.7501	0.7569
May	0.8079	0.7582	0.7800
June	0.8099	0.7804	0.7954
July	0.8399	0.7805	0.8149
August	0.8231	0.7656	0.7920
September	0.7706	0.7343	0.7496
October	0.7529	0.7346	0.7443
November	0.7470	0.7192	0.7365
December	0.7217	0.6799	0.7006