2014 BWP to RON Historical Review

YEARLY HIGH

0.3897 RON

YEARLY LOW

0.3628 RON

YEARLY AVERAGE

0.3730 RON

2014 BWP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.3897. Conversely, the yearly low was recorded on February 10, dropping to 0.3628.

This high-to-low spread represents a total annual volatility of 0.0270 RON. From a start-to-finish perspective, comparing the January average rate of 0.3718 to the December average rate of 0.3832, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3897 was down 10.09% compared to the 2013 peak of 0.4335, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,949 RON

2013 Average 1,983 RON

Yearly Trough Low 1,814 RON

Transaction Impact: A difference of 134.85 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3866

0.3636

JanuMarcMayJulySeptNove

BWP 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 0.3682, compared to 0.3778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.3682

H2 Avg (Jul–Dec) 0.3778

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0115 RON (High: 0.3886 / Low: 0.3771). On the other end, August was the most stable month, with a tight range of 0.0047 RON (High: 0.3765 / Low: 0.3718).

December Spread (Volatile) ±0.0115

August Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0057 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.3847) against the same month in 2013 (average: 0.3816), the exchange rate shifted by +0.0030 (+0.79%).

2014 Avg (November) 0.3847

2013 Avg (November) 0.3816

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3751	0.3647	0.3718
February	0.3721	0.3628	0.3661
March	0.3714	0.3638	0.3673
April	0.3711	0.3654	0.3686
May	0.3732	0.3649	0.3700
June	0.3692	0.3638	0.3655
July	0.3732	0.3630	0.3684
August	0.3765	0.3718	0.3743
September	0.3800	0.3734	0.3762
October	0.3853	0.3767	0.3799
November	0.3897	0.3818	0.3847
December	0.3886	0.3771	0.3832