2014 TTD to RON Historical Review

YEARLY HIGH

0.5799 RON

YEARLY LOW

0.4948 RON

YEARLY AVERAGE

0.5250 RON

2014 TTD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TTD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5799. Conversely, the yearly low was recorded on May 7, dropping to 0.4948.

This high-to-low spread represents a total annual volatility of 0.0851 RON. From a start-to-finish perspective, comparing the January average rate of 0.5183 to the December average rate of 0.5696, the exchange rate registered a net change of 9.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5799 was up 7.35% compared to the 2013 peak of 0.5402, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,900 RON

2013 Average 2,596 RON

Yearly Trough Low 2,474 RON

Transaction Impact: A difference of 425.59 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5765

0.4931

JanuMarcMayJulySeptNove

TTD 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 0.5077, compared to 0.5424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0347 points.

H1 Avg (Jan–Jun) 0.5077

H2 Avg (Jul–Dec) 0.5424

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0233 RON (High: 0.5504 / Low: 0.5270). On the other end, April was the most stable month, with a tight range of 0.0084 RON (High: 0.5058 / Low: 0.4974).

September Spread (Volatile) ±0.0233

April Spread (Stable) ±0.0084

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 March and April, when the average rate fell by 0.0080 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.5696) against the same month in 2013 (average: 0.5084), the exchange rate shifted by +0.0611 (+12.02%).

2014 Avg (December) 0.5696

2013 Avg (December) 0.5084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5231	0.5073	0.5183
February	0.5203	0.5093	0.5139
March	0.5159	0.5058	0.5093
April	0.5058	0.4974	0.5014
May	0.5038	0.4948	0.5000
June	0.5079	0.4990	0.5032
July	0.5200	0.5030	0.5122
August	0.5274	0.5189	0.5238
September	0.5504	0.5270	0.5391
October	0.5540	0.5445	0.5493
November	0.5649	0.5548	0.5603
December	0.5799	0.5614	0.5696