2011 BAM to RON Historical Review

YEARLY HIGH

2.2385 RON

YEARLY LOW

2.0750 RON

YEARLY AVERAGE

2.1652 RON

2011 BAM to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BAM to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 2.2385. Conversely, the yearly low was recorded on April 28, dropping to 2.0750.

This high-to-low spread represents a total annual volatility of 0.1635 RON. From a start-to-finish perspective, comparing the January average rate of 2.1784 to the December average rate of 2.2118, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.2385 was up 0.11% compared to the 2010 peak of 2.2360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,193 RON

2010 Average 10,757 RON

Yearly Trough Low 10,375 RON

Transaction Impact: A difference of 817.50 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2406

2.0804

JanuMarcMayJulySeptNove

BAM 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 2.1349, compared to 2.1956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0607 points.

H1 Avg (Jan–Jun) 2.1349

H2 Avg (Jul–Dec) 2.1956

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0726 RON (High: 2.1815 / Low: 2.1089). On the other end, November was the most stable month, with a tight range of 0.0314 RON (High: 2.2385 / Low: 2.2072).

June Spread (Volatile) ±0.0726

November Spread (Stable) ±0.0314

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0426 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 2.2273) against the same month in 2010 (average: 2.1934), the exchange rate shifted by +0.0339 (+1.55%).

2011 Avg (November) 2.2273

2010 Avg (November) 2.1934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1933	2.1581	2.1784
February	2.1859	2.1467	2.1687
March	2.1501	2.0841	2.1261
April	2.1189	2.0750	2.0938
May	2.1121	2.0806	2.1005
June	2.1815	2.1089	2.1419
July	2.1962	2.1361	2.1658
August	2.1961	2.1506	2.1729
September	2.2236	2.1633	2.1868
October	2.2258	2.1905	2.2087
November	2.2385	2.2072	2.2273
December	2.2384	2.1841	2.2118