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2016 PHP to RON Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PHP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0893. Conversely, the yearly low was recorded on October 1, dropping to 0.0818.
This high-to-low spread represents a total annual volatility of 0.0075 RON. From a start-to-finish perspective, comparing the January average rate of 0.0878 to the December average rate of 0.0861, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 0.0893 was down 6.48% compared to the 2015 peak of 0.0955, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
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PHP to RON Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 0.0859, compared to 0.0850 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0009 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was October, with a trading range of 0.0041 RON (High: 0.0859 / Low: 0.0818). On the other end, March was the most stable month, with a tight range of 0.0014 RON (High: 0.0869 / Low: 0.0855).
Growth Streaks & Declines
TrendsBetween September and December, 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 January and February, when the average rate fell by 0.0030 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 0.0878) against the same month in 2015 (average: 0.0866), the exchange rate shifted by +0.0012 (+1.39%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0893 | 0.0869 | 0.0878 |
| February | 0.0873 | 0.0834 | 0.0848 |
| March | 0.0869 | 0.0855 | 0.0861 |
| April | 0.0860 | 0.0833 | 0.0851 |
| May | 0.0868 | 0.0829 | 0.0851 |
| June | 0.0871 | 0.0854 | 0.0866 |
| July | 0.0868 | 0.0848 | 0.0861 |
| August | 0.0859 | 0.0845 | 0.0854 |
| September | 0.0855 | 0.0818 | 0.0835 |
| October | 0.0859 | 0.0818 | 0.0842 |
| November | 0.0858 | 0.0833 | 0.0849 |
| December | 0.0875 | 0.0842 | 0.0861 |