2014 FJD to RON Historical Review

YEARLY HIGH

1.8639 RON

YEARLY LOW

1.7278 RON

YEARLY AVERAGE

1.7810 RON

2014 FJD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FJD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.8639. Conversely, the yearly low was recorded on March 10, dropping to 1.7278.

This high-to-low spread represents a total annual volatility of 0.1361 RON. From a start-to-finish perspective, comparing the January average rate of 1.7612 to the December average rate of 1.8303, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8639 was down 4.03% compared to the 2013 peak of 1.9421, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,319 RON

2013 Average 9,090 RON

Yearly Trough Low 8,639 RON

Transaction Impact: A difference of 680.51 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8387

1.7380

JanuMarcMayJulySeptNove

FJD 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 1.7555, compared to 1.8065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0510 points.

H1 Avg (Jan–Jun) 1.7555

H2 Avg (Jul–Dec) 1.8065

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0549 RON (High: 1.8639 / Low: 1.8090). On the other end, February was the most stable month, with a tight range of 0.0211 RON (High: 1.7644 / Low: 1.7433).

December Spread (Volatile) ±0.0549

February Spread (Stable) ±0.0211

Growth Streaks & Declines

Trends

Between May and September, 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 January and February, when the average rate fell by 0.0092 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.8303) against the same month in 2013 (average: 1.7344), the exchange rate shifted by +0.0959 (+5.53%).

2014 Avg (December) 1.8303

2013 Avg (December) 1.7344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7765	1.7284	1.7612
February	1.7644	1.7433	1.7520
March	1.7669	1.7278	1.7464
April	1.7671	1.7387	1.7583
May	1.7695	1.7370	1.7550
June	1.7785	1.7447	1.7600
July	1.7921	1.7526	1.7731
August	1.8081	1.7789	1.7902
September	1.8326	1.7962	1.8124
October	1.8267	1.7915	1.8082
November	1.8421	1.8146	1.8246
December	1.8639	1.8090	1.8303