2014 MOP to RON Historical Review

YEARLY HIGH

0.4623 RON

YEARLY LOW

0.3988 RON

YEARLY AVERAGE

0.4193 RON

2014 MOP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MOP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4623. Conversely, the yearly low was recorded on May 7, dropping to 0.3988.

This high-to-low spread represents a total annual volatility of 0.0635 RON. From a start-to-finish perspective, comparing the January average rate of 0.4153 to the December average rate of 0.4534, the exchange rate registered a net change of 9.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4623 was up 6.62% compared to the 2013 peak of 0.4336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,311 RON

2013 Average 2,083 RON

Yearly Trough Low 1,994 RON

Transaction Impact: A difference of 317.70 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4584

0.3982

JanuMarcMayJulySeptNove

MOP 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 0.4076, compared to 0.4310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0234 points.

H1 Avg (Jan–Jun) 0.4076

H2 Avg (Jul–Dec) 0.4310

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0174 RON (High: 0.4363 / Low: 0.4189). On the other end, June was the most stable month, with a tight range of 0.0049 RON (High: 0.4067 / Low: 0.4018).

September Spread (Volatile) ±0.0174

June Spread (Stable) ±0.0049

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 0.0051 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4534) against the same month in 2013 (average: 0.4078), the exchange rate shifted by +0.0456 (+11.18%).

2014 Avg (December) 0.4534

2013 Avg (December) 0.4078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4185	0.4072	0.4153
February	0.4163	0.4083	0.4117
March	0.4121	0.4042	0.4066
April	0.4074	0.4013	0.4043
May	0.4054	0.3988	0.4033
June	0.4067	0.4018	0.4045
July	0.4136	0.4019	0.4079
August	0.4192	0.4136	0.4160
September	0.4363	0.4189	0.4280
October	0.4401	0.4318	0.4359
November	0.4479	0.4405	0.4447
December	0.4623	0.4453	0.4534