2015 RON to ARS Historical Review

YEARLY HIGH

3.2039 ARS

YEARLY LOW

2.0747 ARS

YEARLY AVERAGE

2.3102 ARS

2015 RON to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RON to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 3.2039. Conversely, the yearly low was recorded on March 15, dropping to 2.0747.

This high-to-low spread represents a total annual volatility of 1.1292 ARS. From a start-to-finish perspective, comparing the January average rate of 2.2287 to the December average rate of 2.7409, the exchange rate registered a net change of 22.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.2039 was up 26.27% compared to the 2014 peak of 2.5373, 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 16,020 ARS

2014 Average 12,115 ARS

Yearly Trough Low 10,374 ARS

Transaction Impact: A difference of 5,646.19 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.8007

2.0829

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 2.2142, compared to 2.4061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1918 points.

H1 Avg (Jan–Jun) 2.2142

H2 Avg (Jul–Dec) 2.4061

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.8998 ARS (High: 3.2039 / Low: 2.3042). On the other end, February was the most stable month, with a tight range of 0.0537 ARS (High: 2.2482 / Low: 2.1945).

December Spread (Volatile) ±0.8998

February Spread (Stable) ±0.0537

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 October and November, when the average rate fell by 0.0854 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0854

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 2.7409) against the same month in 2014 (average: 2.3582), the exchange rate shifted by +0.3827 (+16.23%).

2015 Avg (December) 2.7409

2014 Avg (December) 2.3582

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2901	2.1580	2.2287
February	2.2482	2.1945	2.2213
March	2.2018	2.0747	2.1427
April	2.2591	2.1274	2.1684
May	2.3100	2.1969	2.2499
June	2.2965	2.2160	2.2744
July	2.3018	2.2364	2.2665
August	2.4118	2.2751	2.3279
September	2.4149	2.3470	2.3804
October	2.4528	2.3505	2.4031
November	2.3705	2.2795	2.3176
December	3.2039	2.3042	2.7409