2015 BGN to RON Historical Review

YEARLY HIGH

2.3196 RON

YEARLY LOW

2.2434 RON

YEARLY AVERAGE

2.2727 RON

2015 BGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.3196. Conversely, the yearly low was recorded on April 28, dropping to 2.2434.

This high-to-low spread represents a total annual volatility of 0.0762 RON. From a start-to-finish perspective, comparing the January average rate of 2.2938 to the December average rate of 2.3042, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.3196 was down 0.19% compared to the 2014 peak of 2.3241, 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 11,598 RON

2014 Average 11,354 RON

Yearly Trough Low 11,217 RON

Transaction Impact: A difference of 381.18 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.3088

2.2532

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 2.2738, compared to 2.2717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 2.2738

H2 Avg (Jul–Dec) 2.2717

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 0.0400 RON (High: 2.2938 / Low: 2.2538). On the other end, September was the most stable month, with a tight range of 0.0126 RON (High: 2.2695 / Low: 2.2569).

July Spread (Volatile) ±0.0400

September Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between September and December, 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 January and February, when the average rate fell by 0.0260 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 2.3042) against the same month in 2014 (average: 2.2806), the exchange rate shifted by +0.0236 (+1.03%).

2015 Avg (December) 2.3042

2014 Avg (December) 2.2806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3056	2.2689	2.2938
February	2.2799	2.2515	2.2678
March	2.2773	2.2531	2.2677
April	2.2696	2.2434	2.2578
May	2.2814	2.2535	2.2716
June	2.2995	2.2643	2.2838
July	2.2938	2.2538	2.2695
August	2.2698	2.2536	2.2615
September	2.2695	2.2569	2.2610
October	2.2715	2.2563	2.2614
November	2.2805	2.2653	2.2728
December	2.3196	2.2803	2.3042