2011 RON to BIF Historical Review

YEARLY HIGH

446.3089 BIF

YEARLY LOW

344.6568 BIF

YEARLY AVERAGE

397.4874 BIF

2011 RON to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 446.3089. Conversely, the yearly low was recorded on January 11, dropping to 344.6568.

This high-to-low spread represents a total annual volatility of 101.6521 BIF. From a start-to-finish perspective, comparing the January average rate of 355.6827 to the December average rate of 392.2134, the exchange rate registered a net change of 10.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 446.3089 was up 10.60% compared to the 2010 peak of 403.5265, 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 2,231,545 BIF

2010 Average 1,791,025 BIF

Yearly Trough Low 1,723,284 BIF

Transaction Impact: A difference of 508,260.65 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

435.9867

348.3823

JanuMarcMayJulySeptNove

RON to BIF 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 396.7691, compared to 398.2057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4366 points.

H1 Avg (Jan–Jun) 396.7691

H2 Avg (Jul–Dec) 398.2057

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 58.3750 BIF (High: 446.3089 / Low: 387.9340). On the other end, February was the most stable month, with a tight range of 13.6281 BIF (High: 373.6658 / Low: 360.0377).

April Spread (Volatile) ±58.3750

February Spread (Stable) ±13.6281

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 August and September, when the average rate fell by 18.3043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -18.3043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 428.6863) against the same month in 2010 (average: 371.1047), the exchange rate shifted by +57.5817 (+15.52%).

2011 Avg (April) 428.6863

2010 Avg (April) 371.1047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	365.1012	344.6568	355.6827
February	373.6658	360.0377	365.5733
March	392.1140	374.0194	382.5327
April	446.3089	387.9340	428.6863
May	445.9530	414.9339	427.2875
June	433.9646	408.3321	420.8521
July	425.9452	400.5715	413.3803
August	420.8627	406.2092	413.7611
September	415.0806	380.3032	395.4568
October	404.4038	376.2805	390.1939
November	399.7293	374.1329	384.2285
December	405.4274	380.7820	392.2134