2014 HTG to RON Historical Review

YEARLY HIGH

0.0847 RON

YEARLY LOW

0.0707 RON

YEARLY AVERAGE

0.0753 RON

2014 HTG to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HTG to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0847. Conversely, the yearly low was recorded on May 7, dropping to 0.0707.

This high-to-low spread represents a total annual volatility of 0.0140 RON. From a start-to-finish perspective, comparing the January average rate of 0.0774 to the December average rate of 0.0779, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0847 was up 0.14% compared to the 2013 peak of 0.0845, 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 423 RON

2013 Average 391 RON

Yearly Trough Low 353 RON

Transaction Impact: A difference of 69.88 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0826

0.0706

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 0.0747, compared to 0.0759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0747

H2 Avg (Jul–Dec) 0.0759

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0102 RON (High: 0.0847 / Low: 0.0744). On the other end, June was the most stable month, with a tight range of 0.0008 RON (High: 0.0720 / Low: 0.0712).

February Spread (Volatile) ±0.0102

June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0081 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.0816) against the same month in 2013 (average: 0.0771), the exchange rate shifted by +0.0045 (+5.82%).

2014 Avg (February) 0.0816

2013 Avg (February) 0.0771

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0803	0.0744	0.0774
February	0.0847	0.0744	0.0816
March	0.0747	0.0713	0.0735
April	0.0731	0.0714	0.0723
May	0.0722	0.0707	0.0716
June	0.0720	0.0712	0.0716
July	0.0736	0.0715	0.0726
August	0.0749	0.0731	0.0740
September	0.0782	0.0749	0.0763
October	0.0785	0.0769	0.0777
November	0.0787	0.0762	0.0770
December	0.0794	0.0765	0.0779