2016 AZN to RON Historical Review

YEARLY HIGH

2.7275 RON

YEARLY LOW

2.3823 RON

YEARLY AVERAGE

2.5341 RON

2016 AZN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AZN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 2.7275. Conversely, the yearly low was recorded on December 7, dropping to 2.3823.

This high-to-low spread represents a total annual volatility of 0.3452 RON. From a start-to-finish perspective, comparing the January average rate of 2.6333 to the December average rate of 2.4193, the exchange rate registered a net change of -8.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.7275 was down 46.61% compared to the 2015 peak of 5.1088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,637 RON

2015 Average 19,863 RON

Yearly Trough Low 11,911 RON

Transaction Impact: A difference of 1,725.79 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.6786

2.3902

JanuMarcMayJulySeptNove

AZN 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 2.5956, compared to 2.4727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1228 points.

H1 Avg (Jan–Jun) 2.5956

H2 Avg (Jul–Dec) 2.4727

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.2230 RON (High: 2.6354 / Low: 2.4124). On the other end, September was the most stable month, with a tight range of 0.0538 RON (High: 2.4381 / Low: 2.3843).

March Spread (Volatile) ±0.2230

September Spread (Stable) ±0.0538

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 0.1365 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 2.6545) against the same month in 2015 (average: 3.7932), the exchange rate shifted by -1.1387 (-30.02%).

2016 Avg (May) 2.6545

2015 Avg (May) 3.7932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6817	2.5594	2.6333
February	2.6213	2.4982	2.5535
March	2.6354	2.4124	2.4852
April	2.6544	2.5627	2.6007
May	2.7275	2.5854	2.6545
June	2.7166	2.5768	2.6463
July	2.6374	2.5020	2.5865
August	2.5009	2.4011	2.4500
September	2.4381	2.3843	2.4142
October	2.5663	2.4272	2.5167
November	2.4742	2.4107	2.4496
December	2.4504	2.3823	2.4193