2015 MAD to RON Historical Review

YEARLY HIGH

0.4200 RON

YEARLY LOW

0.4021 RON

YEARLY AVERAGE

0.4109 RON

2015 MAD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4200. Conversely, the yearly low was recorded on October 14, dropping to 0.4021.

This high-to-low spread represents a total annual volatility of 0.0179 RON. From a start-to-finish perspective, comparing the January average rate of 0.4120 to the December average rate of 0.4179, the exchange rate registered a net change of 1.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4200 was up 2.79% compared to the 2014 peak of 0.4086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,100 RON

2014 Average 1,990 RON

Yearly Trough Low 2,010 RON

Transaction Impact: A difference of 89.66 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4192

0.4044

JanuMarcMayJulySeptNove

MAD 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 0.4112, compared to 0.4106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.4112

H2 Avg (Jul–Dec) 0.4106

Volatility Range Comparison

Volatility

The most volatile month in 2015 was May, with a trading range of 0.0099 RON (High: 0.4146 / Low: 0.4047). On the other end, September was the most stable month, with a tight range of 0.0041 RON (High: 0.4076 / Low: 0.4035).

May Spread (Volatile) ±0.0099

September Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.4179) against the same month in 2014 (average: 0.4054), the exchange rate shifted by +0.0125 (+3.09%).

2015 Avg (December) 0.4179

2014 Avg (December) 0.4054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4146	0.4094	0.4120
February	0.4117	0.4056	0.4095
March	0.4180	0.4107	0.4140
April	0.4147	0.4061	0.4118
May	0.4146	0.4047	0.4092
June	0.4134	0.4071	0.4108
July	0.4151	0.4077	0.4112
August	0.4098	0.4028	0.4075
September	0.4076	0.4035	0.4056
October	0.4106	0.4021	0.4059
November	0.4187	0.4098	0.4153
December	0.4200	0.4148	0.4179