2014 RON to BND Historical Review

YEARLY HIGH

0.3926 BND

YEARLY LOW

0.3582 BND

YEARLY AVERAGE

0.3787 BND

2014 RON to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.3926. Conversely, the yearly low was recorded on December 31, dropping to 0.3582.

This high-to-low spread represents a total annual volatility of 0.0344 BND. From a start-to-finish perspective, comparing the January average rate of 0.3834 to the December average rate of 0.3633, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3926 was up 0.14% compared to the 2013 peak of 0.3921, 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 1,963 BND

2013 Average 1,880 BND

Yearly Trough Low 1,791 BND

Transaction Impact: A difference of 172.11 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3925

0.3606

JanuMarcMayJulySeptNove

RON to BND 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 0.3872, compared to 0.3702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.3872

H2 Avg (Jul–Dec) 0.3702

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0122 BND (High: 0.3886 / Low: 0.3763). On the other end, February was the most stable month, with a tight range of 0.0039 BND (High: 0.3876 / Low: 0.3838).

July Spread (Volatile) ±0.0122

February Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0064 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.3898) against the same month in 2013 (average: 0.3680), the exchange rate shifted by +0.0218 (+5.94%).

2014 Avg (March) 0.3898

2013 Avg (March) 0.3680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3886	0.3801	0.3834
February	0.3876	0.3838	0.3851
March	0.3926	0.3853	0.3898
April	0.3917	0.3870	0.3886
May	0.3924	0.3865	0.3888
June	0.3895	0.3849	0.3874
July	0.3886	0.3763	0.3818
August	0.3777	0.3732	0.3759
September	0.3738	0.3652	0.3694
October	0.3684	0.3633	0.3660
November	0.3682	0.3620	0.3648
December	0.3671	0.3582	0.3633