2014 ETB to RON Historical Review

YEARLY HIGH

0.1828 RON

YEARLY LOW

0.1633 RON

YEARLY AVERAGE

0.1703 RON

2014 ETB to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1828. Conversely, the yearly low was recorded on May 6, dropping to 0.1633.

This high-to-low spread represents a total annual volatility of 0.0195 RON. From a start-to-finish perspective, comparing the January average rate of 0.1732 to the December average rate of 0.1796, the exchange rate registered a net change of 3.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1828 was down 2.64% compared to the 2013 peak of 0.1878, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 914 RON

2013 Average 889 RON

Yearly Trough Low 816 RON

Transaction Impact: A difference of 97.74 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1811

0.1634

JanuMarcMayJulySeptNove

ETB 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 0.1681, compared to 0.1724 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1681

H2 Avg (Jul–Dec) 0.1724

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0067 RON (High: 0.1749 / Low: 0.1682). On the other end, August was the most stable month, with a tight range of 0.0015 RON (High: 0.1684 / Low: 0.1669).

September Spread (Volatile) ±0.0067

August Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0025 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1796) against the same month in 2013 (average: 0.1705), the exchange rate shifted by +0.0091 (+5.34%).

2014 Avg (December) 0.1796

2013 Avg (December) 0.1705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1745	0.1703	0.1732
February	0.1736	0.1693	0.1709
March	0.1705	0.1672	0.1684
April	0.1675	0.1639	0.1661
May	0.1659	0.1633	0.1650
June	0.1657	0.1636	0.1649
July	0.1670	0.1633	0.1651
August	0.1684	0.1669	0.1675
September	0.1749	0.1682	0.1716
October	0.1758	0.1724	0.1740
November	0.1780	0.1754	0.1768
December	0.1828	0.1768	0.1796