YEARLY HIGH
2.2633 RON
YEARLY LOW
1.9636 RON
YEARLY AVERAGE
2.1063 RON

2020 BZD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BZD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 2.2633. Conversely, the yearly low was recorded on December 30, dropping to 1.9636.

This high-to-low spread represents a total annual volatility of 0.2997 RON. From a start-to-finish perspective, comparing the January average rate of 2.1352 to the December average rate of 1.9850, the exchange rate registered a net change of -7.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.2633 was up 4.53% compared to the 2019 peak of 2.1652, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,317 RON
2019 Average 10,520 RON
Yearly Trough Low 9,818 RON
Transaction Impact: A difference of 1,498.58 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2343
1.9623
JanuMarcMayJulySeptNove

BZD 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 2.1707, compared to 2.0419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1288 points.

H1 Avg (Jan–Jun) 2.1707
H2 Avg (Jul–Dec) 2.0419

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1604 RON (High: 2.2633 / Low: 2.1030). On the other end, October was the most stable month, with a tight range of 0.0345 RON (High: 2.0714 / Low: 2.0369).

March Spread (Volatile) ±0.1604
October Spread (Stable) ±0.0345

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0662 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.1717) against the same month in 2019 (average: 2.0905), the exchange rate shifted by +0.0812 (+3.88%).

2020 Avg (March) 2.1717
2019 Avg (March) 2.0905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1536 2.1050 2.1352
February 2.2047 2.1374 2.1731
March 2.2633 2.1030 2.1717
April 2.2352 2.1830 2.2116
May 2.2208 2.1636 2.1993
June 2.1660 2.1091 2.1331
July 2.1347 2.0197 2.0955
August 2.0527 2.0124 2.0301
September 2.0814 2.0149 2.0458
October 2.0714 2.0369 2.0549
November 2.0732 2.0210 2.0401
December 2.0011 1.9636 1.9850