2013 BGN to RON Historical Review

YEARLY HIGH

2.3238 RON

YEARLY LOW

2.1990 RON

YEARLY AVERAGE

2.2575 RON

2013 BGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 2.3238. Conversely, the yearly low was recorded on May 5, dropping to 2.1990.

This high-to-low spread represents a total annual volatility of 0.1248 RON. From a start-to-finish perspective, comparing the January average rate of 2.2382 to the December average rate of 2.2794, the exchange rate registered a net change of 1.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.3238 was down 1.91% compared to the 2012 peak of 2.3690, 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 11,619 RON

2012 Average 11,388 RON

Yearly Trough Low 10,995 RON

Transaction Impact: A difference of 623.95 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.2961

2.2069

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 2.2437, compared to 2.2712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0275 points.

H1 Avg (Jan–Jun) 2.2437

H2 Avg (Jul–Dec) 2.2712

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0825 RON (High: 2.3238 / Low: 2.2413). On the other end, November was the most stable month, with a tight range of 0.0103 RON (High: 2.2758 / Low: 2.2656).

June Spread (Volatile) ±0.0825

November Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0281 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2013: 2.2887) against the same month in 2012 (average: 2.2775), the exchange rate shifted by +0.0112 (+0.49%).

2013 Avg (June) 2.2887

2012 Avg (June) 2.2775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2730	2.2127	2.2382
February	2.2527	2.2318	2.2406
March	2.2639	2.2203	2.2436
April	2.2604	2.2099	2.2369
May	2.2360	2.1990	2.2143
June	2.3238	2.2413	2.2887
July	2.2760	2.2424	2.2606
August	2.2762	2.2529	2.2650
September	2.2910	2.2598	2.2811
October	2.2790	2.2609	2.2700
November	2.2758	2.2656	2.2712
December	2.2905	2.2628	2.2794