2014 RON to ALL Historical Review

YEARLY HIGH

32.0054 ALL

YEARLY LOW

30.8944 ALL

YEARLY AVERAGE

31.5017 ALL

2014 RON to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 32.0054. Conversely, the yearly low was recorded on January 27, dropping to 30.8944.

This high-to-low spread represents a total annual volatility of 1.1110 ALL. From a start-to-finish perspective, comparing the January average rate of 31.0946 to the December average rate of 31.4050, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 32.0054 was down 2.12% compared to the 2013 peak of 32.6987, 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 160,027 ALL

2013 Average 158,810 ALL

Yearly Trough Low 154,472 ALL

Transaction Impact: A difference of 5,554.88 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

31.9847

31.0137

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 31.4265, compared to 31.5769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1504 points.

H1 Avg (Jan–Jun) 31.4265

H2 Avg (Jul–Dec) 31.5769

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.5691 ALL (High: 31.9943 / Low: 31.4252). On the other end, June was the most stable month, with a tight range of 0.1993 ALL (High: 32.0054 / Low: 31.8060).

July Spread (Volatile) ±0.5691

June Spread (Stable) ±0.1993

Growth Streaks & Declines

Trends

Between March and June, 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 0.2557 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 31.9038) against the same month in 2013 (average: 31.4902), the exchange rate shifted by +0.4136 (+1.31%).

2014 Avg (June) 31.9038

2013 Avg (June) 31.4902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.3821	30.8944	31.0946
February	31.4855	31.0265	31.2703
March	31.4655	30.9012	31.2363
April	31.5538	31.2746	31.3888
May	31.9093	31.5453	31.6651
June	32.0054	31.8060	31.9038
July	31.9943	31.4252	31.7325
August	31.7069	31.3370	31.4768
September	31.8351	31.6238	31.7437
October	31.7931	31.3690	31.5755
November	31.7129	31.3596	31.5280
December	31.6480	31.2058	31.4050