2011 RON to VEF Historical Review

YEARLY HIGH

1.5644 VEF

YEARLY LOW

1.2835 VEF

YEARLY AVERAGE

1.4122 VEF

2011 RON to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.5644. Conversely, the yearly low was recorded on December 14, dropping to 1.2835.

This high-to-low spread represents a total annual volatility of 0.2809 VEF. From a start-to-finish perspective, comparing the January average rate of 1.3466 to the December average rate of 1.3075, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.5644 was up 1.83% compared to the 2010 peak of 1.5362, 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 7,822 VEF

2010 Average 6,671 VEF

Yearly Trough Low 6,418 VEF

Transaction Impact: A difference of 1,404.40 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.5354

1.2868

JanuMarcMayJulySeptNove

RON to VEF 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 1.4435, compared to 1.3809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0626 points.

H1 Avg (Jan–Jun) 1.4435

H2 Avg (Jul–Dec) 1.3809

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1198 VEF (High: 1.4493 / Low: 1.3295). On the other end, December was the most stable month, with a tight range of 0.0461 VEF (High: 1.3296 / Low: 1.2835).

September Spread (Volatile) ±0.1198

December Spread (Stable) ±0.0461

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0646 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.5146) against the same month in 2010 (average: 1.3970), the exchange rate shifted by +0.1177 (+8.42%).

2011 Avg (April) 1.5146

2010 Avg (April) 1.3970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3808	1.3006	1.3466
February	1.4116	1.3591	1.3810
March	1.4836	1.4097	1.4459
April	1.5644	1.4685	1.5146
May	1.5644	1.4608	1.4985
June	1.5156	1.4287	1.4745
July	1.4855	1.4024	1.4476
August	1.4692	1.4148	1.4477
September	1.4493	1.3295	1.3832
October	1.4113	1.3112	1.3633
November	1.3620	1.3016	1.3364
December	1.3296	1.2835	1.3075