2020 RON to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |