2015 HNL to RON Historical Review

YEARLY HIGH

0.1982 RON

YEARLY LOW

0.1752 RON

YEARLY AVERAGE

0.1847 RON

2015 HNL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.1982. Conversely, the yearly low was recorded on August 24, dropping to 0.1752.

This high-to-low spread represents a total annual volatility of 0.0229 RON. From a start-to-finish perspective, comparing the January average rate of 0.1832 to the December average rate of 0.1890, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1982 was up 12.70% compared to the 2014 peak of 0.1758, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 991 RON

2014 Average 821 RON

Yearly Trough Low 876 RON

Transaction Impact: A difference of 114.75 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1928

0.1784

JanuMarcMayJulySeptNove

HNL 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 0.1855, compared to 0.1839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1855

H2 Avg (Jul–Dec) 0.1839

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 0.0145 RON (High: 0.1944 / Low: 0.1799). On the other end, July was the most stable month, with a tight range of 0.0045 RON (High: 0.1869 / Low: 0.1825).

April Spread (Volatile) ±0.0145

July Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0082 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.1916) against the same month in 2014 (average: 0.1681), the exchange rate shifted by +0.0235 (+13.96%).

2015 Avg (March) 0.1916

2014 Avg (March) 0.1681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1899	0.1763	0.1832
February	0.1883	0.1824	0.1848
March	0.1982	0.1869	0.1916
April	0.1944	0.1799	0.1896
May	0.1863	0.1766	0.1815
June	0.1857	0.1805	0.1824
July	0.1869	0.1825	0.1848
August	0.1846	0.1752	0.1813
September	0.1823	0.1773	0.1799
October	0.1842	0.1755	0.1796
November	0.1924	0.1828	0.1887
December	0.1920	0.1865	0.1890