2014 RON to STD Historical Review

YEARLY HIGH

5603.6175 STD

YEARLY LOW

5383.4347 STD

YEARLY AVERAGE

5514.9082 STD

2014 RON to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 5603.6175. Conversely, the yearly low was recorded on February 25, dropping to 5383.4347.

This high-to-low spread represents a total annual volatility of 220.1828 STD. From a start-to-finish perspective, comparing the January average rate of 5424.0003 to the December average rate of 5493.0677, the exchange rate registered a net change of 1.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 5603.6175 was down 1.68% compared to the 2013 peak of 5699.4508, 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 28,018,087 STD

2013 Average 27,765,220 STD

Yearly Trough Low 26,917,173 STD

Transaction Impact: A difference of 1,100,914.12 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

5597.5729

5408.2210

JanuMarcMayJulySeptNove

RON to STD 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 5493.5421, compared to 5536.2744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 42.7323 points.

H1 Avg (Jan–Jun) 5493.5421

H2 Avg (Jul–Dec) 5536.2744

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 118.9352 STD (High: 5563.1830 / Low: 5444.2478). On the other end, June was the most stable month, with a tight range of 46.5582 STD (High: 5601.1048 / Low: 5554.5466).

December Spread (Volatile) ±118.9352

June Spread (Stable) ±46.5582

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 43.3568 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -43.3568

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 5548.6818) against the same month in 2013 (average: 5552.2581), the exchange rate shifted by -3.5762 (-0.06%).

2014 Avg (July) 5548.6818

2013 Avg (July) 5552.2581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5477.4364	5388.4612	5424.0003
February	5499.5338	5383.4347	5460.0668
March	5512.2906	5405.1980	5455.3738
April	5522.7350	5475.0726	5496.6369
May	5592.9756	5486.2620	5543.3810
June	5601.1048	5554.5466	5581.7936
July	5603.6175	5488.7503	5548.6818
August	5579.9691	5513.1801	5538.1562
September	5575.1700	5508.9254	5550.5399
October	5594.0435	5524.4767	5550.7761
November	5561.3986	5504.6474	5536.4245
December	5563.1830	5444.2478	5493.0677