YEARLY HIGH
2.3947 RON
YEARLY LOW
2.3579 RON
YEARLY AVERAGE
2.3795 RON

2018 BGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 2.3947. Conversely, the yearly low was recorded on August 5, dropping to 2.3579.

This high-to-low spread represents a total annual volatility of 0.0368 RON. From a start-to-finish perspective, comparing the January average rate of 2.3782 to the December average rate of 2.3770, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3947 was up 0.37% compared to the 2017 peak of 2.3858, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,974 RON
2017 Average 11,682 RON
Yearly Trough Low 11,789 RON
Transaction Impact: A difference of 184.19 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3870
2.3729
JanuMarcMayJulySeptNove

BGN 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 2.3806, compared to 2.3785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 2.3806
H2 Avg (Jul–Dec) 2.3785

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0283 RON (High: 2.3912 / Low: 2.3630). On the other end, October was the most stable month, with a tight range of 0.0111 RON (High: 2.3932 / Low: 2.3822).

May Spread (Volatile) ±0.0283
October Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0080 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 2.3843) against the same month in 2017 (average: 2.3383), the exchange rate shifted by +0.0460 (+1.97%).

2018 Avg (June) 2.3843
2017 Avg (June) 2.3383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3901 2.3630 2.3782
February 2.3872 2.3715 2.3810
March 2.3925 2.3772 2.3830
April 2.3946 2.3687 2.3825
May 2.3912 2.3630 2.3745
June 2.3947 2.3738 2.3843
July 2.3869 2.3609 2.3773
August 2.3861 2.3579 2.3741
September 2.3834 2.3633 2.3746
October 2.3932 2.3822 2.3858
November 2.3895 2.3771 2.3823
December 2.3835 2.3592 2.3770