2022 HNL to RON Historical Review

YEARLY HIGH

0.2090 RON

YEARLY LOW

0.1756 RON

YEARLY AVERAGE

0.1905 RON

2022 HNL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HNL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.2090. Conversely, the yearly low was recorded on February 5, dropping to 0.1756.

This high-to-low spread represents a total annual volatility of 0.0335 RON. From a start-to-finish perspective, comparing the January average rate of 0.1782 to the December average rate of 0.1881, the exchange rate registered a net change of 5.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2090 was up 14.12% compared to the 2021 peak of 0.1832, 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 1,045 RON

2021 Average 863 RON

Yearly Trough Low 878 RON

Transaction Impact: A difference of 167.32 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2049

0.1748

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 0.1845, compared to 0.1964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.1845

H2 Avg (Jul–Dec) 0.1964

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0131 RON (High: 0.2000 / Low: 0.1869). On the other end, December was the most stable month, with a tight range of 0.0028 RON (High: 0.1898 / Low: 0.1870).

August Spread (Volatile) ±0.0131

December Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0084 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.2010) against the same month in 2021 (average: 0.1744), the exchange rate shifted by +0.0266 (+15.26%).

2022 Avg (September) 0.2010

2021 Avg (September) 0.1744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1806	0.1758	0.1782
February	0.1800	0.1756	0.1773
March	0.1853	0.1806	0.1834
April	0.1927	0.1821	0.1867
May	0.1947	0.1868	0.1909
June	0.1937	0.1872	0.1904
July	0.2006	0.1928	0.1972
August	0.2000	0.1869	0.1958
September	0.2090	0.1964	0.2010
October	0.2057	0.1948	0.2024
November	0.2029	0.1903	0.1940
December	0.1898	0.1870	0.1881