2015 LTL to RON Historical Review

YEARLY HIGH

1.4436 RON

YEARLY LOW

1.2775 RON

YEARLY AVERAGE

1.3257 RON

2015 LTL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the LTL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.4436. Conversely, the yearly low was recorded on August 24, dropping to 1.2775.

This high-to-low spread represents a total annual volatility of 0.1662 RON. From a start-to-finish perspective, comparing the January average rate of 1.3119 to the December average rate of 1.3308, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.4436 was up 9.53% compared to the 2014 peak of 1.3181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,218 RON

2014 Average 6,435 RON

Yearly Trough Low 6,387 RON

Transaction Impact: A difference of 830.90 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.4036

1.2852

JanuMarcMayJulySeptNove

LTL 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 1.3439, compared to 1.3075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0363 points.

H1 Avg (Jan–Jun) 1.3439

H2 Avg (Jul–Dec) 1.3075

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.1202 RON (High: 1.4436 / Low: 1.3234). On the other end, December was the most stable month, with a tight range of 0.0213 RON (High: 1.3387 / Low: 1.3174).

March Spread (Volatile) ±0.1202

December Spread (Stable) ±0.0213

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 0.0492 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.3937) against the same month in 2014 (average: 1.3013), the exchange rate shifted by +0.0925 (+7.10%).

2015 Avg (March) 1.3937

2014 Avg (March) 1.3013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3370	1.2989	1.3119
February	1.3233	1.2956	1.3127
March	1.4436	1.3234	1.3937
April	1.4188	1.3458	1.3921
May	1.3936	1.2999	1.3430
June	1.3853	1.2866	1.3098
July	1.3174	1.2924	1.3043
August	1.3034	1.2775	1.2951
September	1.3058	1.2841	1.2964
October	1.3156	1.2787	1.2953
November	1.3360	1.3013	1.3232
December	1.3387	1.3174	1.3308