2016 RON to BIF Historical Review

YEARLY HIGH

422.4681 BIF

YEARLY LOW

369.9581 BIF

YEARLY AVERAGE

398.4482 BIF

2016 RON to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RON to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 422.4681. Conversely, the yearly low was recorded on January 24, dropping to 369.9581.

This high-to-low spread represents a total annual volatility of 52.5100 BIF. From a start-to-finish perspective, comparing the January average rate of 374.4276 to the December average rate of 390.8562, the exchange rate registered a net change of 4.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 422.4681 was up 0.55% compared to the 2015 peak of 420.1645, 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 2,112,340 BIF

2015 Average 1,955,935 BIF

Yearly Trough Low 1,849,790 BIF

Transaction Impact: A difference of 262,550.12 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

423.8716

369.9327

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 389.1041, compared to 407.7923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.6882 points.

H1 Avg (Jan–Jun) 389.1041

H2 Avg (Jul–Dec) 407.7923

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 37.5728 BIF (High: 421.3477 / Low: 383.7749). On the other end, September was the most stable month, with a tight range of 6.0596 BIF (High: 421.6720 / Low: 415.6124).

June Spread (Volatile) ±37.5728

September Spread (Stable) ±6.0596

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 9.9289 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -9.9289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 417.6731) against the same month in 2015 (average: 391.5075), the exchange rate shifted by +26.1655 (+6.68%).

2016 Avg (August) 417.6731

2015 Avg (August) 391.5075

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	377.8075	369.9581	374.4276
February	391.6889	375.8709	386.4574
March	397.7239	382.3944	389.2055
April	398.2904	388.5337	393.9478
May	399.8920	384.2898	391.5544
June	421.3477	383.7749	399.0317
July	415.7398	405.3105	409.1519
August	422.4681	413.0772	417.6731
September	421.6720	415.6124	419.3767
October	421.4355	402.8286	409.4477
November	413.7190	391.6846	400.2481
December	401.3852	383.2923	390.8562