2019 BGN to RON Historical Review

YEARLY HIGH

2.4561 RON

YEARLY LOW

2.3787 RON

YEARLY AVERAGE

2.4262 RON

2019 BGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 2.4561. Conversely, the yearly low was recorded on January 3, dropping to 2.3787.

This high-to-low spread represents a total annual volatility of 0.0773 RON. From a start-to-finish perspective, comparing the January average rate of 2.4055 to the December average rate of 2.4432, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.4561 was up 2.56% compared to the 2018 peak of 2.3947, 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 12,280 RON

2018 Average 11,898 RON

Yearly Trough Low 11,894 RON

Transaction Impact: A difference of 386.65 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.4469

2.4018

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 2.4240, compared to 2.4283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 2.4240

H2 Avg (Jul–Dec) 2.4283

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0664 RON (High: 2.4451 / Low: 2.3787). On the other end, May was the most stable month, with a tight range of 0.0106 RON (High: 2.4360 / Low: 2.4255).

January Spread (Volatile) ±0.0664

May Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0183 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2.4393) against the same month in 2018 (average: 2.3823), the exchange rate shifted by +0.0570 (+2.39%).

2019 Avg (November) 2.4393

2018 Avg (November) 2.3823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4451	2.3787	2.4055
February	2.4360	2.4225	2.4286
March	2.4425	2.4200	2.4317
April	2.4389	2.4167	2.4307
May	2.4360	2.4255	2.4328
June	2.4367	2.3912	2.4145
July	2.4226	2.4098	2.4171
August	2.4253	2.4131	2.4167
September	2.4333	2.4143	2.4239
October	2.4374	2.4231	2.4300
November	2.4561	2.4306	2.4393
December	2.4481	2.4361	2.4432