2017 RON to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 RON to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the RON to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 24.7802. Conversely, the yearly low was recorded on December 3, dropping to 23.7049.
This high-to-low spread represents a total annual volatility of 1.0753 CVE. From a start-to-finish perspective, comparing the January average rate of 24.5320 to the December average rate of 23.8637, the exchange rate registered a net change of -2.72% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 24.7802 was down 1.12% compared to the 2016 peak of 25.0597, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
RON to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.3828, compared to 24.0429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3399 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 0.8019 CVE (High: 24.7802 / Low: 23.9783). On the other end, February was the most stable month, with a tight range of 0.2736 CVE (High: 24.6520 / Low: 24.3784).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1708 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 24.5320) against the same month in 2016 (average: 24.3319), the exchange rate shifted by +0.2001 (+0.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.7802 | 23.9783 | 24.5320 |
| February | 24.6520 | 24.3784 | 24.5039 |
| March | 24.5827 | 24.2053 | 24.3330 |
| April | 24.5719 | 24.2053 | 24.4182 |
| May | 24.4172 | 24.1231 | 24.3085 |
| June | 24.3420 | 24.0358 | 24.2011 |
| July | 24.4107 | 24.0814 | 24.2089 |
| August | 24.2710 | 23.9484 | 24.1439 |
| September | 24.1890 | 23.8367 | 24.0618 |
| October | 24.2579 | 23.7116 | 24.0683 |
| November | 24.1271 | 23.7706 | 23.9110 |
| December | 24.0431 | 23.7049 | 23.8637 |