2011 BZD to RON Historical Review

YEARLY HIGH

1.6786 RON

YEARLY LOW

1.3781 RON

YEARLY AVERAGE

1.5327 RON

2011 BZD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BZD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.6786. Conversely, the yearly low was recorded on April 29, dropping to 1.3781.

This high-to-low spread represents a total annual volatility of 0.3005 RON. From a start-to-finish perspective, comparing the January average rate of 1.6060 to the December average rate of 1.6486, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.6786 was down 7.07% compared to the 2010 peak of 1.8064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,393 RON

2010 Average 8,004 RON

Yearly Trough Low 6,890 RON

Transaction Impact: A difference of 1,502.53 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6709

1.4037

JanuMarcMayJulySeptNove

BZD 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 1.5002, compared to 1.5651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0649 points.

H1 Avg (Jan–Jun) 1.5002

H2 Avg (Jul–Dec) 1.5651

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1338 RON (High: 1.6207 / Low: 1.4868). On the other end, August was the most stable month, with a tight range of 0.0520 RON (High: 1.5227 / Low: 1.4707).

September Spread (Volatile) ±0.1338

August Spread (Stable) ±0.0520

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0700 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.6486) against the same month in 2010 (average: 1.6343), the exchange rate shifted by +0.0143 (+0.87%).

2011 Avg (December) 1.6486

2010 Avg (December) 1.6343

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6614	1.5649	1.6060
February	1.5898	1.5308	1.5655
March	1.5328	1.4567	1.4954
April	1.4715	1.3781	1.4260
May	1.4848	1.3792	1.4425
June	1.5185	1.4222	1.4659
July	1.5465	1.4506	1.4919
August	1.5227	1.4707	1.4931
September	1.6207	1.4868	1.5615
October	1.6433	1.5281	1.5818
November	1.6557	1.5820	1.6136
December	1.6786	1.6209	1.6486