2014 RON to SVC Historical Review

YEARLY HIGH

2.7480 SVC

YEARLY LOW

2.3728 SVC

YEARLY AVERAGE

2.6164 SVC

2014 RON to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 2.7480. Conversely, the yearly low was recorded on December 31, dropping to 2.3728.

This high-to-low spread represents a total annual volatility of 0.3752 SVC. From a start-to-finish perspective, comparing the January average rate of 2.6366 to the December average rate of 2.4167, the exchange rate registered a net change of -8.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.7480 was up 0.72% compared to the 2013 peak of 2.7283, 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 13,740 SVC

2013 Average 13,149 SVC

Yearly Trough Low 11,864 SVC

Transaction Impact: A difference of 1,875.89 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.7470

2.3866

JanuMarcMayJulySeptNove

RON to SVC 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 2.6871, compared to 2.5457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1415 points.

H1 Avg (Jan–Jun) 2.6871

H2 Avg (Jul–Dec) 2.5457

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1000 SVC (High: 2.6167 / Low: 2.5167). On the other end, June was the most stable month, with a tight range of 0.0330 SVC (High: 2.7278 / Low: 2.6947).

September Spread (Volatile) ±0.1000

June Spread (Stable) ±0.0330

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0741 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.7170) against the same month in 2013 (average: 2.6212), the exchange rate shifted by +0.0958 (+3.65%).

2014 Avg (May) 2.7170

2013 Avg (May) 2.6212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6916	2.6141	2.6366
February	2.6825	2.6307	2.6593
March	2.7012	2.6560	2.6915
April	2.7303	2.6873	2.7095
May	2.7480	2.7027	2.7170
June	2.7278	2.6947	2.7089
July	2.7267	2.6501	2.6872
August	2.6503	2.6148	2.6349
September	2.6167	2.5167	2.5608
October	2.5305	2.4877	2.5118
November	2.4834	2.4449	2.4627
December	2.4598	2.3728	2.4167