YEARLY HIGH
0.0139 RON
YEARLY LOW
0.0111 RON
YEARLY AVERAGE
0.0118 RON

2019 NGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0139. Conversely, the yearly low was recorded on January 9, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0028 RON. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0119, the exchange rate registered a net change of 4.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0139 was up 21.87% compared to the 2018 peak of 0.0114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 13,915 RON
2018 Average 10,916 RON
Yearly Trough Low 11,069 RON
Transaction Impact: A difference of 2,846.54 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0122
0.0113
JanuMarcMayJulySeptNove

NGN 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 0.0117, compared to 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0117
H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0023 RON (High: 0.0139 / Low: 0.0116). On the other end, May was the most stable month, with a tight range of 0.0001 RON (High: 0.0119 / Low: 0.0118).

August Spread (Volatile) ±0.0023
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0119) against the same month in 2018 (average: 0.0111), the exchange rate shifted by +0.0007 (+6.34%).

2019 Avg (August) 0.0119
2018 Avg (August) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0116 0.0111 0.0113
February 0.0117 0.0115 0.0116
March 0.0118 0.0115 0.0117
April 0.0119 0.0117 0.0118
May 0.0119 0.0118 0.0118
June 0.0137 0.0115 0.0121
July 0.0118 0.0116 0.0117
August 0.0139 0.0116 0.0119
September 0.0120 0.0118 0.0119
October 0.0120 0.0118 0.0119
November 0.0120 0.0118 0.0119
December 0.0120 0.0117 0.0119