2011 DJF to RON Historical Review

YEARLY HIGH

0.0188 RON

YEARLY LOW

0.0155 RON

YEARLY AVERAGE

0.0172 RON

2011 DJF to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DJF to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0188. Conversely, the yearly low was recorded on April 29, dropping to 0.0155.

This high-to-low spread represents a total annual volatility of 0.0033 RON. From a start-to-finish perspective, comparing the January average rate of 0.0180 to the December average rate of 0.0184, the exchange rate registered a net change of 2.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0188 was down 7.05% compared to the 2010 peak of 0.0202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94 RON

2010 Average 90 RON

Yearly Trough Low 77 RON

Transaction Impact: A difference of 16.61 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0187

0.0157

JanuMarcMayJulySeptNove

DJF 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 0.0168, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0168

H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0015 RON (High: 0.0182 / Low: 0.0167). On the other end, December was the most stable month, with a tight range of 0.0006 RON (High: 0.0188 / Low: 0.0182).

September Spread (Volatile) ±0.0015

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0184) against the same month in 2010 (average: 0.0183), the exchange rate shifted by +0.0002 (+0.89%).

2011 Avg (December) 0.0184

2010 Avg (December) 0.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0186	0.0175	0.0180
February	0.0178	0.0171	0.0175
March	0.0171	0.0163	0.0167
April	0.0165	0.0155	0.0160
May	0.0165	0.0155	0.0161
June	0.0169	0.0159	0.0164
July	0.0172	0.0163	0.0167
August	0.0171	0.0164	0.0167
September	0.0182	0.0167	0.0175
October	0.0184	0.0171	0.0177
November	0.0186	0.0177	0.0181
December	0.0188	0.0182	0.0184