2017 RON to TOP Historical Review

YEARLY HIGH

0.5900 TOP

YEARLY LOW

0.5225 TOP

YEARLY AVERAGE

0.5598 TOP

2017 RON to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RON to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.5900. Conversely, the yearly low was recorded on March 2, dropping to 0.5225.

This high-to-low spread represents a total annual volatility of 0.0675 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5433 to the December average rate of 0.5843, the exchange rate registered a net change of 7.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5900 was up 1.69% compared to the 2016 peak of 0.5802, 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 2,950 TOP

2016 Average 2,775 TOP

Yearly Trough Low 2,613 TOP

Transaction Impact: A difference of 337.67 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5895

0.5275

JanuMarcMayJulySeptNove

RON to TOP 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 0.5463, compared to 0.5733 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 0.5463

H2 Avg (Jul–Dec) 0.5733

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0248 TOP (High: 0.5473 / Low: 0.5225). On the other end, December was the most stable month, with a tight range of 0.0103 TOP (High: 0.5900 / Low: 0.5798).

March Spread (Volatile) ±0.0248

December Spread (Stable) ±0.0103

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 0.0106 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.5843) against the same month in 2016 (average: 0.5313), the exchange rate shifted by +0.0530 (+9.97%).

2017 Avg (December) 0.5843

2016 Avg (December) 0.5313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5494	0.5343	0.5433
February	0.5464	0.5252	0.5327
March	0.5473	0.5225	0.5377
April	0.5562	0.5373	0.5430
May	0.5734	0.5516	0.5625
June	0.5670	0.5477	0.5587
July	0.5714	0.5543	0.5646
August	0.5821	0.5592	0.5686
September	0.5789	0.5657	0.5733
October	0.5808	0.5682	0.5730
November	0.5891	0.5650	0.5758
December	0.5900	0.5798	0.5843