2021 HNL to RON Historical Review

YEARLY HIGH

0.1832 RON

YEARLY LOW

0.1587 RON

YEARLY AVERAGE

0.1726 RON

2021 HNL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.1832. Conversely, the yearly low was recorded on January 6, dropping to 0.1587.

This high-to-low spread represents a total annual volatility of 0.0245 RON. From a start-to-finish perspective, comparing the January average rate of 0.1651 to the December average rate of 0.1803, the exchange rate registered a net change of 9.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1832 was up 0.25% compared to the 2020 peak of 0.1827, 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 916 RON

2020 Average 858 RON

Yearly Trough Low 793 RON

Transaction Impact: A difference of 122.61 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1818

0.1636

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 0.1684, compared to 0.1769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1684

H2 Avg (Jul–Dec) 0.1769

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0086 RON (High: 0.1672 / Low: 0.1587). On the other end, October was the most stable month, with a tight range of 0.0027 RON (High: 0.1780 / Low: 0.1753).

January Spread (Volatile) ±0.0086

October Spread (Stable) ±0.0027

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 April and May, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.1796) against the same month in 2020 (average: 0.1685), the exchange rate shifted by +0.0111 (+6.61%).

2021 Avg (November) 0.1796

2020 Avg (November) 0.1685

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1672	0.1587	0.1651
February	0.1680	0.1647	0.1663
March	0.1740	0.1661	0.1697
April	0.1733	0.1683	0.1709
May	0.1703	0.1669	0.1683
June	0.1738	0.1671	0.1701
July	0.1764	0.1730	0.1744
August	0.1779	0.1734	0.1759
September	0.1769	0.1731	0.1744
October	0.1780	0.1753	0.1766
November	0.1832	0.1764	0.1796
December	0.1817	0.1783	0.1803