2015 RON to VEF Historical Review

YEARLY HIGH

1.6973 VEF

YEARLY LOW

1.4908 VEF

YEARLY AVERAGE

1.5781 VEF

2015 RON to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RON to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.6973. Conversely, the yearly low was recorded on March 15, dropping to 1.4908.

This high-to-low spread represents a total annual volatility of 0.2065 VEF. From a start-to-finish perspective, comparing the January average rate of 1.6376 to the December average rate of 1.5284, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.6973 was down 14.12% compared to the 2014 peak of 1.9763, 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 8,486 VEF

2014 Average 9,411 VEF

Yearly Trough Low 7,454 VEF

Transaction Impact: A difference of 1,032.29 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.6489

1.5138

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 1.5861, compared to 1.5701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 1.5861

H2 Avg (Jul–Dec) 1.5701

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.1156 VEF (High: 1.6973 / Low: 1.5817). On the other end, July was the most stable month, with a tight range of 0.0362 VEF (High: 1.5859 / Low: 1.5498).

January Spread (Volatile) ±0.1156

July Spread (Stable) ±0.0362

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0779 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.6376) against the same month in 2014 (average: 1.8956), the exchange rate shifted by -0.2580 (-13.61%).

2015 Avg (January) 1.6376

2014 Avg (January) 1.8956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6973	1.5817	1.6376
February	1.6379	1.5966	1.6159
March	1.5932	1.4908	1.5413
April	1.6004	1.5173	1.5472
May	1.6297	1.5448	1.5875
June	1.6001	1.5541	1.5872
July	1.5859	1.5498	1.5666
August	1.6448	1.5627	1.5914
September	1.6276	1.5910	1.6059
October	1.6392	1.5610	1.6030
November	1.5709	1.4984	1.5251
December	1.5457	1.5032	1.5284