YEARLY HIGH
0.0110 RON
YEARLY LOW
0.0097 RON
YEARLY AVERAGE
0.0103 RON

2021 NGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 0.0110. Conversely, the yearly low was recorded on May 25, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0012 RON. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0106, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0110 was down 11.57% compared to the 2020 peak of 0.0124, 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 10,977 RON
2020 Average 11,167 RON
Yearly Trough Low 9,747 RON
Transaction Impact: A difference of 1,230.50 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0107
0.0099
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 0.0103, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0103
H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0010 RON (High: 0.0108 / Low: 0.0097). On the other end, October was the most stable month, with a tight range of 0.0001 RON (High: 0.0104 / Low: 0.0103).

May Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0105) against the same month in 2020 (average: 0.0116), the exchange rate shifted by -0.0010 (-8.83%).

2021 Avg (April) 0.0105
2020 Avg (April) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0106 0.0100 0.0103
February 0.0106 0.0098 0.0103
March 0.0109 0.0100 0.0106
April 0.0110 0.0100 0.0105
May 0.0108 0.0097 0.0100
June 0.0101 0.0098 0.0099
July 0.0102 0.0101 0.0101
August 0.0103 0.0101 0.0102
September 0.0104 0.0101 0.0102
October 0.0104 0.0103 0.0104
November 0.0108 0.0103 0.0106
December 0.0107 0.0106 0.0106