YEARLY HIGH
2.4964 RON
YEARLY LOW
2.4330 RON
YEARLY AVERAGE
2.4732 RON

2020 BGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 2.4964. Conversely, the yearly low was recorded on February 6, dropping to 2.4330.

This high-to-low spread represents a total annual volatility of 0.0634 RON. From a start-to-finish perspective, comparing the January average rate of 2.4431 to the December average rate of 2.4899, the exchange rate registered a net change of 1.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4964 was up 1.64% compared to the 2019 peak of 2.4561, 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 12,482 RON
2019 Average 12,131 RON
Yearly Trough Low 12,165 RON
Transaction Impact: A difference of 316.82 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4972
2.4382
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 2.4627, compared to 2.4837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 2.4627
H2 Avg (Jul–Dec) 2.4837

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0400 RON (High: 2.4936 / Low: 2.4536). On the other end, January was the most stable month, with a tight range of 0.0057 RON (High: 2.4455 / Low: 2.4398).

March Spread (Volatile) ±0.0400
January Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 2.4923) against the same month in 2019 (average: 2.4300), the exchange rate shifted by +0.0623 (+2.56%).

2020 Avg (October) 2.4923
2019 Avg (October) 2.4300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4455 2.4398 2.4431
February 2.4637 2.4330 2.4456
March 2.4936 2.4536 2.4689
April 2.4794 2.4639 2.4726
May 2.4790 2.4657 2.4721
June 2.4847 2.4653 2.4738
July 2.4814 2.4656 2.4735
August 2.4814 2.4627 2.4729
September 2.4943 2.4718 2.4840
October 2.4964 2.4881 2.4923
November 2.4958 2.4778 2.4897
December 2.4946 2.4851 2.4899