2014 SCR to RON Historical Review

YEARLY HIGH

0.2782 RON

YEARLY LOW

0.2463 RON

YEARLY AVERAGE

0.2637 RON

2014 SCR to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SCR to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.2782. Conversely, the yearly low was recorded on October 30, dropping to 0.2463.

This high-to-low spread represents a total annual volatility of 0.0319 RON. From a start-to-finish perspective, comparing the January average rate of 0.2750 to the December average rate of 0.2592, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2782 was down 5.75% compared to the 2013 peak of 0.2952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,391 RON

2013 Average 1,378 RON

Yearly Trough Low 1,231 RON

Transaction Impact: A difference of 159.60 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2775

0.2478

JanuMarcMayJulySeptNove

SCR 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 0.2681, compared to 0.2593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.2681

H2 Avg (Jul–Dec) 0.2593

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0257 RON (High: 0.2769 / Low: 0.2512). On the other end, November was the most stable month, with a tight range of 0.0044 RON (High: 0.2524 / Low: 0.2480).

December Spread (Volatile) ±0.0257

November Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0058 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.2750) against the same month in 2013 (average: 0.2531), the exchange rate shifted by +0.0219 (+8.64%).

2014 Avg (January) 0.2750

2013 Avg (January) 0.2531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2782	0.2695	0.2750
February	0.2738	0.2683	0.2711
March	0.2706	0.2647	0.2678
April	0.2714	0.2618	0.2674
May	0.2687	0.2582	0.2640
June	0.2662	0.2596	0.2632
July	0.2683	0.2596	0.2647
August	0.2704	0.2570	0.2642
September	0.2652	0.2578	0.2615
October	0.2675	0.2463	0.2557
November	0.2524	0.2480	0.2503
December	0.2769	0.2512	0.2592