2010 TOP to RON Historical Review

YEARLY HIGH

1.8184 RON

YEARLY LOW

1.4829 RON

YEARLY AVERAGE

1.6510 RON

2010 TOP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the TOP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 1.8184. Conversely, the yearly low was recorded on January 13, dropping to 1.4829.

This high-to-low spread represents a total annual volatility of 0.3355 RON. From a start-to-finish perspective, comparing the January average rate of 1.5296 to the December average rate of 1.7345, the exchange rate registered a net change of 13.40% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 9,092 RON

Yearly Average 8,255 RON

Yearly Trough Low 7,414 RON

Transaction Impact: A difference of 1,677.63 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.7833

1.5065

JanuMarcMayJulySeptNove

TOP 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 1.6145, compared to 1.6874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0729 points.

H1 Avg (Jan–Jun) 1.6145

H2 Avg (Jul–Dec) 1.6874

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.1713 RON (High: 1.7673 / Low: 1.5960). On the other end, April was the most stable month, with a tight range of 0.0382 RON (High: 1.6156 / Low: 1.5775).

November Spread (Volatile) ±0.1713

April Spread (Stable) ±0.0382

Growth Streaks & Declines

Trends

Between January and June, 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 September and October, when the average rate fell by 0.0613 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0613

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 1.7603.

2010 Avg (June) 1.7603

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5629	1.4829	1.5296
February	1.5979	1.5139	1.5635
March	1.6199	1.5394	1.5678
April	1.6156	1.5775	1.5964
May	1.7343	1.6029	1.6695
June	1.8184	1.7261	1.7603
July	1.7854	1.6720	1.7076
August	1.7166	1.6689	1.6969
September	1.7240	1.6334	1.6797
October	1.6439	1.6031	1.6184
November	1.7673	1.5960	1.6876
December	1.7717	1.6944	1.7345