2011 KWD to RON Historical Review

YEARLY HIGH

12.0533 RON

YEARLY LOW

10.0068 RON

YEARLY AVERAGE

11.0281 RON

2011 KWD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KWD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 12.0533. Conversely, the yearly low was recorded on April 29, dropping to 10.0068.

This high-to-low spread represents a total annual volatility of 2.0465 RON. From a start-to-finish perspective, comparing the January average rate of 11.3605 to the December average rate of 11.8230, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 12.0533 was down 2.11% compared to the 2010 peak of 12.3134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,267 RON

2010 Average 55,412 RON

Yearly Trough Low 50,034 RON

Transaction Impact: A difference of 10,232.58 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.9794

10.1025

JanuMarcMayJulySeptNove

KWD 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 10.7401, compared to 11.3161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5760 points.

H1 Avg (Jan–Jun) 10.7401

H2 Avg (Jul–Dec) 11.3161

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.8007 RON (High: 11.6764 / Low: 10.8757). On the other end, February was the most stable month, with a tight range of 0.3299 RON (High: 11.2529 / Low: 10.9230).

September Spread (Volatile) ±0.8007

February Spread (Stable) ±0.3299

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4376 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.4376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 11.8230) against the same month in 2010 (average: 11.5135), the exchange rate shifted by +0.3096 (+2.69%).

2011 Avg (December) 11.8230

2010 Avg (December) 11.5135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6869	11.1014	11.3605
February	11.2529	10.9230	11.1166
March	10.9384	10.4376	10.6966
April	10.5303	10.0068	10.2589
May	10.6329	10.0148	10.4052
June	10.9234	10.3198	10.6026
July	11.1245	10.5424	10.8305
August	11.1138	10.7454	10.8780
September	11.6764	10.8757	11.2895
October	11.8232	11.1172	11.4309
November	11.9050	11.4346	11.6446
December	12.0533	11.6439	11.8230