2014 RON to CDF Historical Review

YEARLY HIGH

289.4810 CDF

YEARLY LOW

249.5803 CDF

YEARLY AVERAGE

276.1244 CDF

2014 RON to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 289.4810. Conversely, the yearly low was recorded on December 31, dropping to 249.5803.

This high-to-low spread represents a total annual volatility of 39.9007 CDF. From a start-to-finish perspective, comparing the January average rate of 278.4507 to the December average rate of 255.5856, the exchange rate registered a net change of -8.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 289.4810 was up 0.64% compared to the 2013 peak of 287.6314, 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 1,447,405 CDF

2013 Average 1,386,732 CDF

Yearly Trough Low 1,247,902 CDF

Transaction Impact: A difference of 199,503.58 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

289.4499

252.5070

JanuMarcMayJulySeptNove

RON to CDF 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 283.4314, compared to 268.8175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.6139 points.

H1 Avg (Jan–Jun) 283.4314

H2 Avg (Jul–Dec) 268.8175

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 10.7246 CDF (High: 275.9517 / Low: 265.2271). On the other end, June was the most stable month, with a tight range of 3.6118 CDF (High: 287.8805 / Low: 284.2687).

September Spread (Volatile) ±10.7246

June Spread (Stable) ±3.6118

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 7.8144 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.8144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 286.3713) against the same month in 2013 (average: 275.7863), the exchange rate shifted by +10.5850 (+3.84%).

2014 Avg (May) 286.3713

2013 Avg (May) 275.7863

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	283.4498	275.8046	278.4507
February	281.9845	277.5341	280.4481
March	285.3151	280.1065	283.9011
April	287.5039	283.4975	285.6398
May	289.4810	283.7007	286.3713
June	287.8805	284.2687	285.7773
July	288.0632	279.6533	283.3997
August	279.9476	275.9459	277.8581
September	275.9517	265.2271	270.0437
October	267.4651	262.3987	265.3650
November	262.8256	258.8738	260.6527
December	260.2012	249.5803	255.5856