2022 RON to CVE Historical Review

YEARLY HIGH

23.5365 CVE

YEARLY LOW

21.1509 CVE

YEARLY AVERAGE

22.4184 CVE

2022 RON to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RON to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 23.5365. Conversely, the yearly low was recorded on September 21, dropping to 21.1509.

This high-to-low spread represents a total annual volatility of 2.3856 CVE. From a start-to-finish perspective, comparing the January average rate of 22.3674 to the December average rate of 22.4589, the exchange rate registered a net change of 0.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 23.5365 was up 1.43% compared to the 2021 peak of 23.2049, 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 117,682 CVE

2021 Average 112,464 CVE

Yearly Trough Low 105,754 CVE

Transaction Impact: A difference of 11,928.01 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

22.6621

22.1629

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 22.3637, compared to 22.4731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1094 points.

H1 Avg (Jan–Jun) 22.3637

H2 Avg (Jul–Dec) 22.4731

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.8216 CVE (High: 22.9724 / Low: 21.1509). On the other end, December was the most stable month, with a tight range of 0.3952 CVE (High: 22.6942 / Low: 22.2991).

September Spread (Volatile) ±1.8216

December Spread (Stable) ±0.3952

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.1730 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 22.5055) against the same month in 2021 (average: 22.3571), the exchange rate shifted by +0.1484 (+0.66%).

2022 Avg (October) 22.5055

2021 Avg (October) 22.3571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.5502	22.1297	22.3674
February	22.6563	22.0911	22.3891
March	22.7302	22.0872	22.3690
April	22.4958	22.0494	22.3212
May	22.5555	22.0550	22.3750
June	22.6352	22.0529	22.3604
July	22.6703	21.5889	22.2045
August	22.8204	22.3725	22.6205
September	22.9724	21.1509	22.4475
October	23.5365	22.2549	22.5055
November	23.3380	22.2674	22.6018
December	22.6942	22.2991	22.4589