2018 AZN to RON Historical Review

YEARLY HIGH

2.4369 RON

YEARLY LOW

2.1866 RON

YEARLY AVERAGE

2.3195 RON

2018 AZN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AZN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 2.4369. Conversely, the yearly low was recorded on February 1, dropping to 2.1866.

This high-to-low spread represents a total annual volatility of 0.2503 RON. From a start-to-finish perspective, comparing the January average rate of 2.2529 to the December average rate of 2.4005, the exchange rate registered a net change of 6.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.4369 was down 4.79% compared to the 2017 peak of 2.5594, 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 12,185 RON

2017 Average 11,777 RON

Yearly Trough Low 10,933 RON

Transaction Impact: A difference of 1,251.59 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.4263

2.2114

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 2.2663, compared to 2.3728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1065 points.

H1 Avg (Jan–Jun) 2.2663

H2 Avg (Jul–Dec) 2.3728

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0995 RON (High: 2.3655 / Low: 2.2660). On the other end, September was the most stable month, with a tight range of 0.0369 RON (High: 2.3581 / Low: 2.3212).

May Spread (Volatile) ±0.0995

September Spread (Stable) ±0.0369

Growth Streaks & Declines

Trends

Between March and June, 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 0.0225 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.4083) against the same month in 2017 (average: 2.3218), the exchange rate shifted by +0.0865 (+3.73%).

2018 Avg (November) 2.4083

2017 Avg (November) 2.3218

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3046	2.2055	2.2529
February	2.2625	2.1866	2.2322
March	2.2485	2.1933	2.2293
April	2.2661	2.2004	2.2306
May	2.3655	2.2660	2.3066
June	2.3705	2.3196	2.3463
July	2.3530	2.3129	2.3361
August	2.4158	2.3251	2.3640
September	2.3581	2.3212	2.3415
October	2.4212	2.3642	2.3862
November	2.4369	2.3935	2.4083
December	2.4219	2.3755	2.4005