2011 RON to HTG Historical Review

YEARLY HIGH

14.7888 HTG

YEARLY LOW

12.0696 HTG

YEARLY AVERAGE

13.3477 HTG

2011 RON to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 14.7888. Conversely, the yearly low was recorded on December 31, dropping to 12.0696.

This high-to-low spread represents a total annual volatility of 2.7192 HTG. From a start-to-finish perspective, comparing the January average rate of 12.6183 to the December average rate of 12.3156, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.7888 was up 4.09% compared to the 2010 peak of 14.2077, 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 73,944 HTG

2010 Average 63,299 HTG

Yearly Trough Low 60,348 HTG

Transaction Impact: A difference of 13,595.97 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

14.5299

12.1143

JanuMarcMayJulySeptNove

RON to HTG 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 13.6487, compared to 13.0466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6021 points.

H1 Avg (Jan–Jun) 13.6487

H2 Avg (Jul–Dec) 13.0466

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.1329 HTG (High: 13.7025 / Low: 12.5696). On the other end, February was the most stable month, with a tight range of 0.4146 HTG (High: 13.3440 / Low: 12.9294).

September Spread (Volatile) ±1.1329

February Spread (Stable) ±0.4146

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.6094 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 14.1994) against the same month in 2010 (average: 12.1435), the exchange rate shifted by +2.0560 (+16.93%).

2011 Avg (May) 14.1994

2010 Avg (May) 12.1435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.1167	12.1895	12.6183
February	13.3440	12.9294	13.1011
March	14.0729	13.3280	13.6894
April	14.7819	13.8036	14.3286
May	14.7888	13.7272	14.1994
June	14.3880	13.5105	13.9555
July	14.1293	13.1785	13.6672
August	13.8969	13.3796	13.6806
September	13.7025	12.5696	13.0712
October	13.4150	12.4716	12.9232
November	12.9255	12.2392	12.6218
December	12.5634	12.0696	12.3156