2011 VUV to RON Historical Review

YEARLY HIGH

0.0361 RON

YEARLY LOW

0.0306 RON

YEARLY AVERAGE

0.0335 RON

2011 VUV to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VUV to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.0361. Conversely, the yearly low was recorded on April 28, dropping to 0.0306.

This high-to-low spread represents a total annual volatility of 0.0055 RON. From a start-to-finish perspective, comparing the January average rate of 0.0340 to the December average rate of 0.0354, the exchange rate registered a net change of 4.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0361 was up 0.67% compared to the 2010 peak of 0.0359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 181 RON

2010 Average 164 RON

Yearly Trough Low 153 RON

Transaction Impact: A difference of 27.75 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0359

0.0307

JanuMarcMayJulySeptNove

VUV 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 0.0325, compared to 0.0344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0325

H2 Avg (Jul–Dec) 0.0344

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0025 RON (High: 0.0332 / Low: 0.0307). On the other end, December was the most stable month, with a tight range of 0.0008 RON (High: 0.0358 / Low: 0.0350).

May Spread (Volatile) ±0.0025

December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0352) against the same month in 2010 (average: 0.0341), the exchange rate shifted by +0.0011 (+3.18%).

2011 Avg (November) 0.0352

2010 Avg (November) 0.0341

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0351	0.0332	0.0340
February	0.0341	0.0324	0.0333
March	0.0331	0.0308	0.0318
April	0.0318	0.0306	0.0311
May	0.0332	0.0307	0.0321
June	0.0342	0.0320	0.0328
July	0.0346	0.0328	0.0337
August	0.0341	0.0324	0.0333
September	0.0355	0.0332	0.0345
October	0.0356	0.0338	0.0344
November	0.0361	0.0344	0.0352
December	0.0358	0.0350	0.0354