2014 KWD to RON Historical Review

YEARLY HIGH

12.6260 RON

YEARLY LOW

11.3443 RON

YEARLY AVERAGE

11.7597 RON

2014 KWD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KWD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.6260. Conversely, the yearly low was recorded on May 7, dropping to 11.3443.

This high-to-low spread represents a total annual volatility of 1.2817 RON. From a start-to-finish perspective, comparing the January average rate of 11.7461 to the December average rate of 12.4019, the exchange rate registered a net change of 5.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.6260 was up 3.53% compared to the 2013 peak of 12.1957, 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 63,130 RON

2013 Average 58,607 RON

Yearly Trough Low 56,721 RON

Transaction Impact: A difference of 6,408.41 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.4986

11.3377

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 11.5492, compared to 11.9702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4210 points.

H1 Avg (Jan–Jun) 11.5492

H2 Avg (Jul–Dec) 11.9702

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.4089 RON (High: 12.6260 / Low: 12.2170). On the other end, August was the most stable month, with a tight range of 0.1065 RON (High: 11.7628 / Low: 11.6563).

December Spread (Volatile) ±0.4089

August Spread (Stable) ±0.1065

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1128 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 12.4019) against the same month in 2013 (average: 11.5240), the exchange rate shifted by +0.8779 (+7.62%).

2014 Avg (December) 12.4019

2013 Avg (December) 11.5240

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8461	11.5120	11.7461
February	11.7988	11.5686	11.6528
March	11.7044	11.4840	11.5400
April	11.5419	11.3926	11.4750
May	11.4836	11.3443	11.4344
June	11.5050	11.3726	11.4467
July	11.6704	11.3847	11.5318
August	11.7628	11.6563	11.7076
September	12.1002	11.7488	11.9279
October	12.1969	11.9622	12.0571
November	12.2910	12.1319	12.1951
December	12.6260	12.2170	12.4019