2011 PEN to RON Historical Review

YEARLY HIGH

1.2404 RON

YEARLY LOW

0.9709 RON

YEARLY AVERAGE

1.1075 RON

2011 PEN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1.2404. Conversely, the yearly low was recorded on May 2, dropping to 0.9709.

This high-to-low spread represents a total annual volatility of 0.2695 RON. From a start-to-finish perspective, comparing the January average rate of 1.1445 to the December average rate of 1.2179, the exchange rate registered a net change of 6.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2404 was up 3.81% compared to the 2010 peak of 1.1949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,202 RON

2010 Average 5,295 RON

Yearly Trough Low 4,855 RON

Transaction Impact: A difference of 1,347.31 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2389

0.9867

JanuMarcMayJulySeptNove

PEN 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 1.0719, compared to 1.1430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0711 points.

H1 Avg (Jan–Jun) 1.0719

H2 Avg (Jul–Dec) 1.1430

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0965 RON (High: 1.0675 / Low: 0.9709). On the other end, August was the most stable month, with a tight range of 0.0337 RON (High: 1.1039 / Low: 1.0702).

May Spread (Volatile) ±0.0965

August Spread (Stable) ±0.0337

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 0.0622 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.2179) against the same month in 2010 (average: 1.0811), the exchange rate shifted by +0.1368 (+12.66%).

2011 Avg (December) 1.2179

2010 Avg (December) 1.0811

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1770	1.1206	1.1445
February	1.1418	1.0949	1.1221
March	1.0977	1.0346	1.0699
April	1.0420	0.9731	1.0077
May	1.0675	0.9709	1.0326
June	1.0889	1.0165	1.0546
July	1.1167	1.0515	1.0826
August	1.1039	1.0702	1.0833
September	1.1660	1.0853	1.1330
October	1.1791	1.1239	1.1532
November	1.2168	1.1632	1.1881
December	1.2404	1.1964	1.2179