2018 RON to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 RON to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the RON to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2423.3153. Conversely, the yearly low was recorded on November 12, dropping to 2187.9846.
This high-to-low spread represents a total annual volatility of 235.3307 GNF. From a start-to-finish perspective, comparing the January average rate of 2362.7971 to the December average rate of 2240.1215, the exchange rate registered a net change of -5.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 2423.3153 was up 3.12% compared to the 2017 peak of 2349.8835, 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 2018.
RON to GNF 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 2344.8249, compared to 2249.2696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 95.5554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 99.4966 GNF (High: 2335.4826 / Low: 2235.9860). On the other end, July was the most stable month, with a tight range of 36.1334 GNF (High: 2293.9921 / Low: 2257.8587).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 79.7428 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 2388.9573) against the same month in 2017 (average: 2210.4168), the exchange rate shifted by +178.5406 (+8.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2404.8260 | 2312.8246 | 2362.7971 |
| February | 2423.3153 | 2356.2769 | 2388.9573 |
| March | 2412.8054 | 2365.0632 | 2383.2711 |
| April | 2409.8215 | 2337.2497 | 2375.9168 |
| May | 2335.4826 | 2235.9860 | 2296.1739 |
| June | 2288.7118 | 2237.2002 | 2261.8333 |
| July | 2293.9921 | 2257.8587 | 2275.4177 |
| August | 2288.9655 | 2196.0866 | 2248.2865 |
| September | 2295.7960 | 2254.6472 | 2274.2902 |
| October | 2258.8232 | 2205.3251 | 2235.6402 |
| November | 2249.1355 | 2187.9846 | 2221.8613 |
| December | 2276.0850 | 2215.0902 | 2240.1215 |