2014 PGK to RON Historical Review

YEARLY HIGH

1.4394 RON

YEARLY LOW

1.1203 RON

YEARLY AVERAGE

1.3062 RON

2014 PGK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PGK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.4394. Conversely, the yearly low was recorded on May 27, dropping to 1.1203.

This high-to-low spread represents a total annual volatility of 0.3192 RON. From a start-to-finish perspective, comparing the January average rate of 1.3280 to the December average rate of 1.4043, the exchange rate registered a net change of 5.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.4394 was down 13.68% compared to the 2013 peak of 1.6675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,197 RON

2013 Average 7,298 RON

Yearly Trough Low 5,601 RON

Transaction Impact: A difference of 1,595.86 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.4304

1.1178

JanuMarcMayJulySeptNove

PGK 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 1.2381, compared to 1.3744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1363 points.

H1 Avg (Jan–Jun) 1.2381

H2 Avg (Jul–Dec) 1.3744

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.2106 RON (High: 1.3316 / Low: 1.1211). On the other end, August was the most stable month, with a tight range of 0.0146 RON (High: 1.3571 / Low: 1.3426).

June Spread (Volatile) ±0.2106

August Spread (Stable) ±0.0146

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 March and April, when the average rate fell by 0.0678 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4043) against the same month in 2013 (average: 1.2986), the exchange rate shifted by +0.1057 (+8.14%).

2014 Avg (December) 1.4043

2013 Avg (December) 1.2986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3393	1.2929	1.3280
February	1.3246	1.2519	1.2891
March	1.2926	1.2009	1.2425
April	1.2202	1.1478	1.1747
May	1.1593	1.1203	1.1438
June	1.3316	1.1211	1.2506
July	1.3483	1.3191	1.3334
August	1.3571	1.3426	1.3482
September	1.4073	1.3470	1.3787
October	1.4123	1.3677	1.3886
November	1.4034	1.3832	1.3930
December	1.4394	1.3836	1.4043