2019 RON to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 RON to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the RON to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2264.8964. Conversely, the yearly low was recorded on November 12, dropping to 2087.4415.
This high-to-low spread represents a total annual volatility of 177.4549 GNF. From a start-to-finish perspective, comparing the January average rate of 2223.2609 to the December average rate of 2204.2119, the exchange rate registered a net change of -0.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 2264.8964 was down 6.54% compared to the 2018 peak of 2423.3153, 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 2019.
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 2186.5949, compared to 2168.4590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.1359 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 112.2720 GNF (High: 2199.7136 / Low: 2087.4415). On the other end, September was the most stable month, with a tight range of 36.8363 GNF (High: 2159.4793 / Low: 2122.6430).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 31.1090 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 2223.2609) against the same month in 2018 (average: 2362.7971), the exchange rate shifted by -139.5362 (-5.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2264.8964 | 2170.5653 | 2223.2609 |
| February | 2219.3306 | 2171.1269 | 2192.1519 |
| March | 2210.7228 | 2142.4978 | 2181.4663 |
| April | 2190.7467 | 2135.1693 | 2166.7640 |
| May | 2177.3878 | 2138.7572 | 2160.1410 |
| June | 2220.5421 | 2142.2222 | 2195.7854 |
| July | 2204.1448 | 2153.9711 | 2183.8837 |
| August | 2190.0769 | 2130.7307 | 2164.9043 |
| September | 2159.4793 | 2122.6430 | 2141.4972 |
| October | 2167.1688 | 2122.6161 | 2150.4585 |
| November | 2199.7136 | 2087.4415 | 2165.7984 |
| December | 2242.1405 | 2182.3147 | 2204.2119 |