2014 RON to HTG Historical Review

YEARLY HIGH

14.1475 HTG

YEARLY LOW

11.8119 HTG

YEARLY AVERAGE

13.3069 HTG

2014 RON to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 14.1475. Conversely, the yearly low was recorded on February 24, dropping to 11.8119.

This high-to-low spread represents a total annual volatility of 2.3356 HTG. From a start-to-finish perspective, comparing the January average rate of 12.9323 to the December average rate of 12.8391, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 14.1475 was up 4.83% compared to the 2013 peak of 13.4955, 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 70,737 HTG

2013 Average 63,948 HTG

Yearly Trough Low 59,060 HTG

Transaction Impact: A difference of 11,677.77 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.1447

12.0959

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 13.4306, compared to 13.1832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2474 points.

H1 Avg (Jan–Jun) 13.4306

H2 Avg (Jul–Dec) 13.1832

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 1.6224 HTG (High: 13.4343 / Low: 11.8119). On the other end, June was the most stable month, with a tight range of 0.1649 HTG (High: 14.0442 / Low: 13.8793).

February Spread (Volatile) ±1.6224

June Spread (Stable) ±0.1649

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.6657 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6657

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 13.9739) against the same month in 2013 (average: 12.7336), the exchange rate shifted by +1.2403 (+9.74%).

2014 Avg (May) 13.9739

2013 Avg (May) 12.7336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.4453	12.4513	12.9323
February	13.4343	11.8119	12.2666
March	14.0179	13.3793	13.6135
April	14.0094	13.6841	13.8263
May	14.1475	13.8501	13.9739
June	14.0442	13.8793	13.9709
July	13.9806	13.5874	13.7822
August	13.6887	13.3593	13.5205
September	13.3489	12.7877	13.0998
October	13.0117	12.7369	12.8758
November	13.1196	12.7038	12.9818
December	13.0760	12.5915	12.8391