2019 RON to CVE Historical Review

YEARLY HIGH

23.8492 CVE

YEARLY LOW

23.0683 CVE

YEARLY AVERAGE

23.3051 CVE

2019 RON to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RON to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 23.8492. Conversely, the yearly low was recorded on November 27, dropping to 23.0683.

This high-to-low spread represents a total annual volatility of 0.7809 CVE. From a start-to-finish perspective, comparing the January average rate of 23.4947 to the December average rate of 23.1909, the exchange rate registered a net change of -1.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 23.8492 was down 0.98% compared to the 2018 peak of 24.0850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RON based on timing:

Yearly Peak High 119,246 CVE

2018 Average 118,810 CVE

Yearly Trough Low 115,341 CVE

Transaction Impact: A difference of 3,904.60 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

23.5251

23.1605

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 23.3264, compared to 23.2837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0428 points.

H1 Avg (Jan–Jun) 23.3264

H2 Avg (Jul–Dec) 23.2837

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.7126 CVE (High: 23.8492 / Low: 23.1366). On the other end, February was the most stable month, with a tight range of 0.1989 CVE (High: 23.3670 / Low: 23.1682).

January Spread (Volatile) ±0.7126

February Spread (Stable) ±0.1989

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.2264 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 23.4947) against the same month in 2018 (average: 23.8139), the exchange rate shifted by -0.3192 (-1.34%).

2019 Avg (January) 23.4947

2018 Avg (January) 23.8139

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.8492	23.1366	23.4947
February	23.3670	23.1682	23.2683
March	23.3772	23.0884	23.2387
April	23.3303	23.1120	23.2539
May	23.3532	23.1383	23.2559
June	23.6358	23.2888	23.4471
July	23.4671	23.2067	23.3465
August	23.5339	23.2073	23.3627
September	23.4641	23.1323	23.3059
October	23.4596	23.1962	23.2901
November	23.3933	23.0683	23.2061
December	23.3123	23.1134	23.1909