2014 RON to LTL Historical Review

YEARLY HIGH

0.7879 LTL

YEARLY LOW

0.7587 LTL

YEARLY AVERAGE

0.7770 LTL

2014 RON to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.7879. Conversely, the yearly low was recorded on January 27, dropping to 0.7587.

This high-to-low spread represents a total annual volatility of 0.0292 LTL. From a start-to-finish perspective, comparing the January average rate of 0.7636 to the December average rate of 0.7741, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7879 was down 1.83% compared to the 2013 peak of 0.8026, 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 3,939 LTL

2013 Average 3,908 LTL

Yearly Trough Low 3,793 LTL

Transaction Impact: A difference of 146.02 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7884

0.7614

JanuMarcMayJulySeptNove

RON to LTL 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 0.7736, compared to 0.7804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.7736

H2 Avg (Jul–Dec) 0.7804

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0126 LTL (High: 0.7713 / Low: 0.7587). On the other end, June was the most stable month, with a tight range of 0.0030 LTL (High: 0.7879 / Low: 0.7848).

January Spread (Volatile) ±0.0126

June Spread (Stable) ±0.0030

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 0.0056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.7862) against the same month in 2013 (average: 0.7712), the exchange rate shifted by +0.0150 (+1.95%).

2014 Avg (June) 0.7862

2013 Avg (June) 0.7712

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7713	0.7587	0.7636
February	0.7739	0.7644	0.7687
March	0.7740	0.7622	0.7685
April	0.7776	0.7724	0.7741
May	0.7866	0.7779	0.7807
June	0.7879	0.7848	0.7862
July	0.7872	0.7752	0.7829
August	0.7859	0.7767	0.7804
September	0.7855	0.7801	0.7831
October	0.7846	0.7808	0.7822
November	0.7827	0.7773	0.7796
December	0.7799	0.7698	0.7741