2014 RON to TTD Historical Review

YEARLY HIGH

2.0211 TTD

YEARLY LOW

1.7244 TTD

YEARLY AVERAGE

1.9083 TTD

2014 RON to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RON to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 2.0211. Conversely, the yearly low was recorded on December 31, dropping to 1.7244.

This high-to-low spread represents a total annual volatility of 0.2966 TTD. From a start-to-finish perspective, comparing the January average rate of 1.9295 to the December average rate of 1.7559, the exchange rate registered a net change of -9.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0211 was up 1.38% compared to the 2013 peak of 1.9935, 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 10,105 TTD

2013 Average 9,632 TTD

Yearly Trough Low 8,622 TTD

Transaction Impact: A difference of 1,483.25 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0244

1.7315

JanuMarcMayJulySeptNove

RON to TTD 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 1.9702, compared to 1.8464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1238 points.

H1 Avg (Jan–Jun) 1.9702

H2 Avg (Jul–Dec) 1.8464

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0804 TTD (High: 1.8974 / Low: 1.8170). On the other end, August was the most stable month, with a tight range of 0.0310 TTD (High: 1.9271 / Low: 1.8961).

September Spread (Volatile) ±0.0804

August Spread (Stable) ±0.0310

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 0.0539 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.0000) against the same month in 2013 (average: 1.9220), the exchange rate shifted by +0.0780 (+4.06%).

2014 Avg (May) 2.0000

2013 Avg (May) 1.9220

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9711	1.9118	1.9295
February	1.9633	1.9222	1.9461
March	1.9770	1.9382	1.9634
April	2.0103	1.9770	1.9947
May	2.0211	1.9847	2.0000
June	2.0039	1.9689	1.9874
July	1.9882	1.9232	1.9526
August	1.9271	1.8961	1.9091
September	1.8974	1.8170	1.8552
October	1.8366	1.8051	1.8205
November	1.8023	1.7703	1.7849
December	1.7813	1.7244	1.7559