2011 RON to ALL Historical Review

YEARLY HIGH

34.9400 ALL

YEARLY LOW

31.3778 ALL

YEARLY AVERAGE

33.1261 ALL

2011 RON to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 34.9400. Conversely, the yearly low was recorded on December 5, dropping to 31.3778.

This high-to-low spread represents a total annual volatility of 3.5622 ALL. From a start-to-finish perspective, comparing the January average rate of 32.5435 to the December average rate of 31.9676, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 34.9400 was up 2.12% compared to the 2010 peak of 34.2146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,700 ALL

2010 Average 163,650 ALL

Yearly Trough Low 156,889 ALL

Transaction Impact: A difference of 17,810.83 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

34.7864

31.7113

JanuMarcMayJulySeptNove

RON to ALL 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 33.6622, compared to 32.5901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0722 points.

H1 Avg (Jan–Jun) 33.6622

H2 Avg (Jul–Dec) 32.5901

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 1.5038 ALL (High: 34.5747 / Low: 33.0709). On the other end, January was the most stable month, with a tight range of 0.4085 ALL (High: 32.7964 / Low: 32.3879).

June Spread (Volatile) ±1.5038

January Spread (Stable) ±0.4085

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.8720 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 34.5301) against the same month in 2010 (average: 33.5822), the exchange rate shifted by +0.9480 (+2.82%).

2011 Avg (April) 34.5301

2010 Avg (April) 33.5822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.7964	32.3879	32.5435
February	33.2887	32.6379	32.8739
March	34.3543	33.1750	33.6928
April	34.9400	33.8697	34.5301
May	34.9121	34.1911	34.4645
June	34.5747	33.0709	33.8685
July	33.7599	32.2995	32.9965
August	33.2278	32.2952	32.8938
September	33.1802	32.2256	32.8031
October	32.8774	32.1941	32.5483
November	32.6132	32.0582	32.3311
December	32.2831	31.3778	31.9676