2014 RON to CVE Historical Review

YEARLY HIGH

25.0616 CVE

YEARLY LOW

24.0626 CVE

YEARLY AVERAGE

24.7088 CVE

2014 RON to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 25.0616. Conversely, the yearly low was recorded on January 27, dropping to 24.0626.

This high-to-low spread represents a total annual volatility of 0.9990 CVE. From a start-to-finish perspective, comparing the January average rate of 24.3206 to the December average rate of 24.6317, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 25.0616 was down 2.51% compared to the 2013 peak of 25.7069, 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 125,308 CVE

2013 Average 124,620 CVE

Yearly Trough Low 120,313 CVE

Transaction Impact: A difference of 4,994.89 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

25.0746

24.2520

JanuMarcMayJulySeptNove

RON to CVE 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 24.6026, compared to 24.8149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2124 points.

H1 Avg (Jan–Jun) 24.6026

H2 Avg (Jul–Dec) 24.8149

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.5065 CVE (High: 24.5691 / Low: 24.0626). On the other end, June was the most stable month, with a tight range of 0.1199 CVE (High: 25.0605 / Low: 24.9406).

January Spread (Volatile) ±0.5065

June Spread (Stable) ±0.1199

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.1604 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 24.9217) against the same month in 2013 (average: 24.5092), the exchange rate shifted by +0.4125 (+1.68%).

2014 Avg (September) 24.9217

2013 Avg (September) 24.5092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.5691	24.0626	24.3206
February	24.6022	24.3093	24.4354
March	24.6760	24.2153	24.4188
April	24.7481	24.5192	24.6181
May	25.0327	24.7015	24.8166
June	25.0605	24.9406	25.0060
July	25.0356	24.6477	24.8768
August	24.9819	24.6243	24.7942
September	25.0616	24.8165	24.9217
October	24.9950	24.7661	24.8731
November	24.9266	24.6459	24.7921
December	24.8828	24.4160	24.6317