2014 SZL to RON Historical Review

YEARLY HIGH

0.3268 RON

YEARLY LOW

0.2949 RON

YEARLY AVERAGE

0.3087 RON

2014 SZL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 0.3268. Conversely, the yearly low was recorded on February 10, dropping to 0.2949.

This high-to-low spread represents a total annual volatility of 0.0320 RON. From a start-to-finish perspective, comparing the January average rate of 0.3059 to the December average rate of 0.3151, the exchange rate registered a net change of 3.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3268 was down 17.82% compared to the 2013 peak of 0.3977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,634 RON

2013 Average 1,730 RON

Yearly Trough Low 1,474 RON

Transaction Impact: A difference of 159.80 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3224

0.2974

JanuMarcMayJulySeptNove

SZL 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 0.3044, compared to 0.3130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.3044

H2 Avg (Jul–Dec) 0.3130

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0156 RON (High: 0.3227 / Low: 0.3072). On the other end, June was the most stable month, with a tight range of 0.0053 RON (High: 0.3061 / Low: 0.3008).

December Spread (Volatile) ±0.0156

June Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0066 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.3203) against the same month in 2013 (average: 0.3231), the exchange rate shifted by -0.0027 (-0.84%).

2014 Avg (November) 0.3203

2013 Avg (November) 0.3231

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3111	0.2963	0.3059
February	0.3057	0.2949	0.2995
March	0.3068	0.2987	0.3026
April	0.3091	0.3019	0.3061
May	0.3134	0.3034	0.3093
June	0.3061	0.3008	0.3028
July	0.3116	0.2992	0.3054
August	0.3146	0.3089	0.3114
September	0.3174	0.3078	0.3116
October	0.3213	0.3100	0.3143
November	0.3268	0.3159	0.3203
December	0.3227	0.3072	0.3151