2022 NGN to RON Historical Review

YEARLY HIGH

0.0119 RON

YEARLY LOW

0.0103 RON

YEARLY AVERAGE

0.0111 RON

2022 NGN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0119. Conversely, the yearly low was recorded on December 19, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0016 RON. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0104, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0119 was up 8.35% compared to the 2021 peak of 0.0110, 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 11,894 RON

2021 Average 10,323 RON

Yearly Trough Low 10,309 RON

Transaction Impact: A difference of 1,584.86 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0117

0.0103

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 0.0109, compared to 0.0112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0109

H2 Avg (Jul–Dec) 0.0112

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0008 RON (High: 0.0115 / Low: 0.0107). On the other end, January was the most stable month, with a tight range of 0.0002 RON (High: 0.0107 / Low: 0.0104).

November Spread (Volatile) ±0.0008

January Spread (Stable) ±0.0002

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0116) against the same month in 2021 (average: 0.0102), the exchange rate shifted by +0.0014 (+13.23%).

2022 Avg (September) 0.0116

2021 Avg (September) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0107	0.0104	0.0106
February	0.0106	0.0104	0.0105
March	0.0110	0.0107	0.0108
April	0.0113	0.0107	0.0110
May	0.0115	0.0111	0.0113
June	0.0114	0.0111	0.0113
July	0.0119	0.0113	0.0116
August	0.0117	0.0112	0.0115
September	0.0119	0.0113	0.0116
October	0.0117	0.0111	0.0115
November	0.0115	0.0107	0.0109
December	0.0106	0.0103	0.0104