YEARLY HIGH
57.7892 CVE
YEARLY LOW
22.5060 CVE
YEARLY AVERAGE
22.9811 CVE

2020 RON to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 57.7892. Conversely, the yearly low was recorded on March 14, dropping to 22.5060.

This high-to-low spread represents a total annual volatility of 35.2832 CVE. From a start-to-finish perspective, comparing the January average rate of 23.1568 to the December average rate of 22.7213, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 57.7892 was up 142.31% compared to the 2019 peak of 23.8492, 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 288,946 CVE
2019 Average 116,527 CVE
Yearly Trough Low 112,530 CVE
Transaction Impact: A difference of 176,415.90 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

24.2253
22.5814
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 23.1749, compared to 22.7873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3876 points.

H1 Avg (Jan–Jun) 23.1749
H2 Avg (Jul–Dec) 22.7873

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 35.2832 CVE (High: 57.7892 / Low: 22.5060). On the other end, October was the most stable month, with a tight range of 0.1860 CVE (High: 22.8101 / Low: 22.6241).

March Spread (Volatile) ±35.2832
October Spread (Stable) ±0.1860

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.2000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 24.0883) against the same month in 2019 (average: 23.2387), the exchange rate shifted by +0.8495 (+3.66%).

2020 Avg (March) 24.0883
2019 Avg (March) 23.2387

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.2538 23.0654 23.1568
February 23.2538 22.9962 23.1576
March 57.7892 22.5060 24.0883
April 23.1187 22.6683 22.8883
May 23.0384 22.7707 22.8737
June 23.0374 22.7557 22.8849
July 24.4637 22.7573 22.9374
August 23.1879 22.5755 22.8379
September 22.8741 22.5668 22.7588
October 22.8101 22.6241 22.7184
November 22.9482 22.5909 22.7502
December 22.8460 22.6552 22.7213