2010 CDF to RON Historical Review

YEARLY HIGH

0.0040 RON

YEARLY LOW

0.0032 RON

YEARLY AVERAGE

0.0036 RON

2010 CDF to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the CDF to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 0.0040. Conversely, the yearly low was recorded on January 15, dropping to 0.0032.

This high-to-low spread represents a total annual volatility of 0.0008 RON. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0036, the exchange rate registered a net change of 10.96% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 20 RON

Yearly Average 18 RON

Yearly Trough Low 16 RON

Transaction Impact: A difference of 4.08 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.0040

0.0032

JanuMarcMayJulySeptNove

CDF 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 0.0035, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0035

H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0004 RON (High: 0.0039 / Low: 0.0035). On the other end, December was the most stable month, with a tight range of 0.0001 RON (High: 0.0037 / Low: 0.0036).

May Spread (Volatile) ±0.0004

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.0039.

2010 Avg (June) 0.0039

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0033	0.0032	0.0033
February	0.0034	0.0033	0.0033
March	0.0034	0.0032	0.0033
April	0.0036	0.0034	0.0035
May	0.0039	0.0035	0.0037
June	0.0040	0.0038	0.0039
July	0.0040	0.0037	0.0037
August	0.0038	0.0036	0.0037
September	0.0038	0.0036	0.0037
October	0.0035	0.0034	0.0034
November	0.0036	0.0033	0.0035
December	0.0037	0.0036	0.0036