2014 SAR to RON Historical Review

YEARLY HIGH

0.9853 RON

YEARLY LOW

0.8491 RON

YEARLY AVERAGE

0.8930 RON

2014 SAR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SAR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.9853. Conversely, the yearly low was recorded on May 7, dropping to 0.8491.

This high-to-low spread represents a total annual volatility of 0.1361 RON. From a start-to-finish perspective, comparing the January average rate of 0.8851 to the December average rate of 0.9655, the exchange rate registered a net change of 9.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9853 was up 6.53% compared to the 2013 peak of 0.9249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SAR based on timing:

Yearly Peak High 4,926 RON

2013 Average 4,436 RON

Yearly Trough Low 4,246 RON

Transaction Impact: A difference of 680.72 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9762

0.8479

JanuMarcMayJulySeptNove

SAR to RON 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 0.8682, compared to 0.9178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0495 points.

H1 Avg (Jan–Jun) 0.8682

H2 Avg (Jul–Dec) 0.9178

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0374 RON (High: 0.9301 / Low: 0.8926). On the other end, June was the most stable month, with a tight range of 0.0112 RON (High: 0.8658 / Low: 0.8546).

September Spread (Volatile) ±0.0374

June Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0105 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.9655) against the same month in 2013 (average: 0.8685), the exchange rate shifted by +0.0971 (+11.18%).

2014 Avg (December) 0.9655

2013 Avg (December) 0.8685

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8923	0.8673	0.8851
February	0.8891	0.8693	0.8770
March	0.8786	0.8619	0.8665
April	0.8680	0.8540	0.8613
May	0.8630	0.8491	0.8586
June	0.8658	0.8546	0.8609
July	0.8805	0.8554	0.8683
August	0.8931	0.8801	0.8858
September	0.9301	0.8926	0.9121
October	0.9403	0.9204	0.9287
November	0.9540	0.9386	0.9463
December	0.9853	0.9479	0.9655