2014 DJF to RON Historical Review

YEARLY HIGH

0.0207 RON

YEARLY LOW

0.0178 RON

YEARLY AVERAGE

0.0188 RON

2014 DJF to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the DJF to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0207. Conversely, the yearly low was recorded on May 6, dropping to 0.0178.

This high-to-low spread represents a total annual volatility of 0.0029 RON. From a start-to-finish perspective, comparing the January average rate of 0.0186 to the December average rate of 0.0203, the exchange rate registered a net change of 8.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0207 was up 5.84% compared to the 2013 peak of 0.0196, 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 103 RON

2013 Average 94 RON

Yearly Trough Low 89 RON

Transaction Impact: A difference of 14.38 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0205

0.0178

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 0.0183, compared to 0.0193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0183

H2 Avg (Jul–Dec) 0.0193

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0009 RON (High: 0.0196 / Low: 0.0187). On the other end, June was the most stable month, with a tight range of 0.0002 RON (High: 0.0182 / Low: 0.0180).

September Spread (Volatile) ±0.0009

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0203) against the same month in 2013 (average: 0.0183), the exchange rate shifted by +0.0020 (+11.10%).

2014 Avg (December) 0.0203

2013 Avg (December) 0.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0188	0.0183	0.0186
February	0.0187	0.0183	0.0185
March	0.0185	0.0181	0.0183
April	0.0184	0.0179	0.0181
May	0.0182	0.0178	0.0180
June	0.0182	0.0180	0.0181
July	0.0185	0.0179	0.0182
August	0.0188	0.0184	0.0186
September	0.0196	0.0187	0.0192
October	0.0198	0.0193	0.0195
November	0.0201	0.0196	0.0199
December	0.0207	0.0200	0.0203