2020 HNL to RON Historical Review

YEARLY HIGH

0.1827 RON

YEARLY LOW

0.1635 RON

YEARLY AVERAGE

0.1715 RON

2020 HNL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HNL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.1827. Conversely, the yearly low was recorded on July 30, dropping to 0.1635.

This high-to-low spread represents a total annual volatility of 0.0193 RON. From a start-to-finish perspective, comparing the January average rate of 0.1736 to the December average rate of 0.1651, the exchange rate registered a net change of -4.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1827 was down 37.11% compared to the 2019 peak of 0.2905, 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 914 RON

2019 Average 864 RON

Yearly Trough Low 817 RON

Transaction Impact: A difference of 96.32 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1800

0.1637

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 0.1757, compared to 0.1673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.1757

H2 Avg (Jul–Dec) 0.1673

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0124 RON (High: 0.1827 / Low: 0.1703). On the other end, December was the most stable month, with a tight range of 0.0025 RON (High: 0.1660 / Low: 0.1635).

March Spread (Volatile) ±0.0124

December Spread (Stable) ±0.0025

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 0.0050 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1756) against the same month in 2019 (average: 0.1717), the exchange rate shifted by +0.0040 (+2.31%).

2020 Avg (March) 0.1756

2019 Avg (March) 0.1717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1752	0.1698	0.1736
February	0.1804	0.1736	0.1765
March	0.1827	0.1703	0.1756
April	0.1805	0.1764	0.1786
May	0.1795	0.1747	0.1775
June	0.1751	0.1706	0.1724
July	0.1732	0.1635	0.1697
August	0.1670	0.1639	0.1654
September	0.1701	0.1647	0.1669
October	0.1699	0.1673	0.1685
November	0.1702	0.1670	0.1685
December	0.1660	0.1635	0.1651