2018 HNL to RON Historical Review

YEARLY HIGH

0.1794 RON

YEARLY LOW

0.1573 RON

YEARLY AVERAGE

0.1649 RON

2018 HNL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.1794. Conversely, the yearly low was recorded on February 1, dropping to 0.1573.

This high-to-low spread represents a total annual volatility of 0.0220 RON. From a start-to-finish perspective, comparing the January average rate of 0.1614 to the December average rate of 0.1685, the exchange rate registered a net change of 4.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1794 was down 4.26% compared to the 2017 peak of 0.1874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 897 RON

2017 Average 863 RON

Yearly Trough Low 787 RON

Transaction Impact: A difference of 110.23 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1698

0.1589

JanuMarcMayJulySeptNove

HNL 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 0.1622, compared to 0.1676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1622

H2 Avg (Jul–Dec) 0.1676

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0137 RON (High: 0.1794 / Low: 0.1657). On the other end, July was the most stable month, with a tight range of 0.0024 RON (High: 0.1669 / Low: 0.1645).

December Spread (Volatile) ±0.0137

July Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.0019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.1685) against the same month in 2017 (average: 0.1657), the exchange rate shifted by +0.0028 (+1.70%).

2018 Avg (December) 0.1685

2017 Avg (December) 0.1657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1647	0.1583	0.1614
February	0.1618	0.1573	0.1598
March	0.1611	0.1580	0.1600
April	0.1630	0.1583	0.1604
May	0.1686	0.1630	0.1652
June	0.1683	0.1646	0.1666
July	0.1669	0.1645	0.1658
August	0.1711	0.1649	0.1676
September	0.1671	0.1643	0.1657
October	0.1710	0.1671	0.1687
November	0.1720	0.1676	0.1689
December	0.1794	0.1657	0.1685