2011 RON to BAM Historical Review

YEARLY HIGH

0.4819 BAM

YEARLY LOW

0.4467 BAM

YEARLY AVERAGE

0.4620 BAM

2011 RON to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.4819. Conversely, the yearly low was recorded on November 20, dropping to 0.4467.

This high-to-low spread represents a total annual volatility of 0.0352 BAM. From a start-to-finish perspective, comparing the January average rate of 0.4591 to the December average rate of 0.4521, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4819 was down 0.02% compared to the 2010 peak of 0.4820, 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 2,410 BAM

2010 Average 2,325 BAM

Yearly Trough Low 2,234 BAM

Transaction Impact: A difference of 176.00 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4805

0.4461

JanuMarcMayJulySeptNove

RON to BAM 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 0.4685, compared to 0.4555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.4685

H2 Avg (Jul–Dec) 0.4555

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0158 BAM (High: 0.4742 / Low: 0.4584). On the other end, November was the most stable month, with a tight range of 0.0063 BAM (High: 0.4531 / Low: 0.4467).

June Spread (Volatile) ±0.0158

November Spread (Stable) ±0.0063

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 May and June, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.4776) against the same month in 2010 (average: 0.4740), the exchange rate shifted by +0.0037 (+0.77%).

2011 Avg (April) 0.4776

2010 Avg (April) 0.4740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4634	0.4559	0.4591
February	0.4658	0.4575	0.4611
March	0.4798	0.4651	0.4704
April	0.4819	0.4719	0.4776
May	0.4806	0.4735	0.4761
June	0.4742	0.4584	0.4669
July	0.4681	0.4553	0.4617
August	0.4650	0.4553	0.4602
September	0.4623	0.4497	0.4573
October	0.4565	0.4493	0.4528
November	0.4531	0.4467	0.4490
December	0.4578	0.4468	0.4521