2021 RON to CVE Historical Review

YEARLY HIGH

23.2049 CVE

YEARLY LOW

22.0890 CVE

YEARLY AVERAGE

22.4938 CVE

2021 RON to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RON to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 23.2049. Conversely, the yearly low was recorded on November 11, dropping to 22.0890.

This high-to-low spread represents a total annual volatility of 1.1159 CVE. From a start-to-finish perspective, comparing the January average rate of 22.7280 to the December average rate of 22.3838, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 23.2049 was down 59.85% compared to the 2020 peak of 57.7892, 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 116,024 CVE

2020 Average 114,910 CVE

Yearly Trough Low 110,445 CVE

Transaction Impact: A difference of 5,579.38 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

22.7675

22.2929

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 22.5993, compared to 22.3883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2110 points.

H1 Avg (Jan–Jun) 22.5993

H2 Avg (Jul–Dec) 22.3883

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.1021 CVE (High: 23.2049 / Low: 22.1028). On the other end, December was the most stable month, with a tight range of 0.1374 CVE (High: 22.4565 / Low: 22.3191).

June Spread (Volatile) ±1.1021

December Spread (Stable) ±0.1374

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1505 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1505

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 22.4829) against the same month in 2020 (average: 22.8849), the exchange rate shifted by -0.4020 (-1.76%).

2021 Avg (June) 22.4829

2020 Avg (June) 22.8849

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.8614	22.6391	22.7280
February	22.8039	22.6203	22.7158
March	22.8070	22.4770	22.6597
April	22.7273	22.3047	22.5092
May	22.7983	22.3047	22.5000
June	23.2049	22.1028	22.4829
July	22.6564	22.4004	22.4937
August	22.5144	22.2617	22.4218
September	22.3935	22.2433	22.3411
October	22.4987	22.1362	22.3571
November	22.4837	22.0890	22.3324
December	22.4565	22.3191	22.3838