2012 RON to BIF Historical Review

YEARLY HIGH

461.9685 BIF

YEARLY LOW

376.7690 BIF

YEARLY AVERAGE

404.5145 BIF

2012 RON to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the RON to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 461.9685. Conversely, the yearly low was recorded on July 15, dropping to 376.7690.

This high-to-low spread represents a total annual volatility of 85.1995 BIF. From a start-to-finish perspective, comparing the January average rate of 385.9388 to the December average rate of 446.2154, the exchange rate registered a net change of 15.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 461.9685 was up 3.51% compared to the 2011 peak of 446.3089, 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 2,309,843 BIF

2011 Average 1,988,210 BIF

Yearly Trough Low 1,883,845 BIF

Transaction Impact: A difference of 425,997.63 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

452.3061

379.2173

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 394.2272, compared to 414.8019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.5747 points.

H1 Avg (Jan–Jun) 394.2272

H2 Avg (Jul–Dec) 414.8019

Volatility Range Comparison

Volatility

The most volatile month in 2012 was December, with a trading range of 33.4627 BIF (High: 461.9685 / Low: 428.5059). On the other end, October was the most stable month, with a tight range of 7.6102 BIF (High: 425.5786 / Low: 417.9683).

December Spread (Volatile) ±33.4627

October Spread (Stable) ±7.6102

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 9.1488 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -9.1488

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 446.2154) against the same month in 2011 (average: 392.2134), the exchange rate shifted by +54.0020 (+13.77%).

2012 Avg (December) 446.2154

2011 Avg (December) 392.2134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	395.2293	377.6270	385.9388
February	402.2036	389.4755	395.3131
March	397.5899	385.7269	392.6162
April	414.0655	383.0560	395.5546
May	412.8367	388.2663	401.4834
June	402.1400	386.4929	394.4568
July	402.8944	376.7690	385.3080
August	406.7080	382.4452	395.8125
September	427.8842	403.5485	416.0330
October	425.5786	417.9683	421.7916
November	437.5047	413.7964	423.6508
December	461.9685	428.5059	446.2154