2011 HTG to RON Historical Review

YEARLY HIGH

0.0829 RON

YEARLY LOW

0.0676 RON

YEARLY AVERAGE

0.0751 RON

2011 HTG to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HTG to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0829. Conversely, the yearly low was recorded on May 4, dropping to 0.0676.

This high-to-low spread represents a total annual volatility of 0.0152 RON. From a start-to-finish perspective, comparing the January average rate of 0.0793 to the December average rate of 0.0812, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0829 was down 7.11% compared to the 2010 peak of 0.0892, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 414 RON

2010 Average 396 RON

Yearly Trough Low 338 RON

Transaction Impact: A difference of 76.17 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0823

0.0687

JanuMarcMayJulySeptNove

HTG 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 0.0734, compared to 0.0768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0734

H2 Avg (Jul–Dec) 0.0768

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0066 RON (High: 0.0796 / Low: 0.0730). On the other end, February was the most stable month, with a tight range of 0.0024 RON (High: 0.0773 / Low: 0.0749).

September Spread (Volatile) ±0.0066

February Spread (Stable) ±0.0024

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 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0812) against the same month in 2010 (average: 0.0808), the exchange rate shifted by +0.0004 (+0.50%).

2011 Avg (December) 0.0812

2010 Avg (December) 0.0808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0820	0.0762	0.0793
February	0.0773	0.0749	0.0763
March	0.0750	0.0711	0.0731
April	0.0724	0.0677	0.0698
May	0.0728	0.0676	0.0705
June	0.0740	0.0695	0.0717
July	0.0759	0.0708	0.0732
August	0.0747	0.0720	0.0731
September	0.0796	0.0730	0.0765
October	0.0802	0.0745	0.0774
November	0.0817	0.0774	0.0793
December	0.0829	0.0796	0.0812