2014 RON to ARS Historical Review

YEARLY HIGH

2.5373 ARS

YEARLY LOW

1.9800 ARS

YEARLY AVERAGE

2.4231 ARS

2014 RON to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 2.5373. Conversely, the yearly low was recorded on January 5, dropping to 1.9800.

This high-to-low spread represents a total annual volatility of 0.5573 ARS. From a start-to-finish perspective, comparing the January average rate of 2.1048 to the December average rate of 2.3582, the exchange rate registered a net change of 12.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5373 was up 26.15% compared to the 2013 peak of 2.0113, 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 12,686 ARS

2013 Average 8,238 ARS

Yearly Trough Low 9,900 ARS

Transaction Impact: A difference of 2,786.57 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5576

2.0636

JanuMarcMayJulySeptNove

RON to ARS 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 2.4038, compared to 2.4425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0387 points.

H1 Avg (Jan–Jun) 2.4038

H2 Avg (Jul–Dec) 2.4425

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.4316 ARS (High: 2.4116 / Low: 1.9800). On the other end, May was the most stable month, with a tight range of 0.0321 ARS (High: 2.5124 / Low: 2.4803).

January Spread (Volatile) ±0.4316

May Spread (Stable) ±0.0321

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0416 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0416

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 2.5164) against the same month in 2013 (average: 1.5685), the exchange rate shifted by +0.9479 (+60.44%).

2014 Avg (June) 2.5164

2013 Avg (June) 1.5685

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4116	1.9800	2.1048
February	2.4199	2.3698	2.3896
March	2.4699	2.3920	2.4386
April	2.4979	2.4582	2.4776
May	2.5124	2.4803	2.4958
June	2.5373	2.5019	2.5164
July	2.5349	2.4748	2.5039
August	2.5238	2.4855	2.5020
September	2.5122	2.4203	2.4604
October	2.4552	2.3994	2.4332
November	2.4166	2.3799	2.3973
December	2.3982	2.2932	2.3582