2012 BGN to RON Historical Review

YEARLY HIGH

2.3690 RON

YEARLY LOW

2.2048 RON

YEARLY AVERAGE

2.2773 RON

2012 BGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 2.3690. Conversely, the yearly low was recorded on January 3, dropping to 2.2048.

This high-to-low spread represents a total annual volatility of 0.1642 RON. From a start-to-finish perspective, comparing the January average rate of 2.2176 to the December average rate of 2.2910, the exchange rate registered a net change of 3.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.3690 was up 6.04% compared to the 2011 peak of 2.2341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,845 RON

2011 Average 10,834 RON

Yearly Trough Low 11,024 RON

Transaction Impact: A difference of 820.77 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.3438

2.2061

JanuMarcMayJulySeptNove

BGN 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 2.2421, compared to 2.3124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0703 points.

H1 Avg (Jan–Jun) 2.2421

H2 Avg (Jul–Dec) 2.3124

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0958 RON (High: 2.3690 / Low: 2.2732). On the other end, February was the most stable month, with a tight range of 0.0129 RON (High: 2.2277 / Low: 2.2148).

July Spread (Volatile) ±0.0958

February Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0236 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 2.3280) against the same month in 2011 (average: 2.1668), the exchange rate shifted by +0.1612 (+7.44%).

2012 Avg (July) 2.3280

2011 Avg (July) 2.1668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2305	2.2048	2.2176
February	2.2277	2.2148	2.2220
March	2.2371	2.2211	2.2297
April	2.2538	2.2297	2.2361
May	2.2951	2.2488	2.2699
June	2.2843	2.2654	2.2775
July	2.3690	2.2732	2.3280
August	2.3645	2.2759	2.3094
September	2.3221	2.2758	2.2991
October	2.3418	2.3105	2.3323
November	2.3213	2.3042	2.3145
December	2.3222	2.2605	2.2910