YEARLY HIGH
90.3454 NGN
YEARLY LOW
71.8640 NGN
YEARLY AVERAGE
84.9470 NGN

2019 RON to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RON to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 90.3454. Conversely, the yearly low was recorded on August 27, dropping to 71.8640.

This high-to-low spread represents a total annual volatility of 18.4814 NGN. From a start-to-finish perspective, comparing the January average rate of 88.1934 to the December average rate of 84.3179, the exchange rate registered a net change of -4.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 90.3454 was down 6.72% compared to the 2018 peak of 96.8542, 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 451,727 NGN
2018 Average 458,393 NGN
Yearly Trough Low 359,320 NGN
Transaction Impact: A difference of 92,407.14 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

88.7017
82.6018
JanuMarcMayJulySeptNove

RON to NGN 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 85.4939, compared to 84.4001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0938 points.

H1 Avg (Jan–Jun) 85.4939
H2 Avg (Jul–Dec) 84.4001

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 14.5221 NGN (High: 86.3861 / Low: 71.8640). On the other end, May was the most stable month, with a tight range of 0.7779 NGN (High: 85.0179 / Low: 84.2400).

August Spread (Volatile) ±14.5221
May Spread (Stable) ±0.7779

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.8187 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.8187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 88.1934) against the same month in 2018 (average: 94.4641), the exchange rate shifted by -6.2707 (-6.64%).

2019 Avg (January) 88.1934
2018 Avg (January) 94.4641

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.3454 85.8672 88.1934
February 87.0735 85.8076 86.3747
March 86.8313 84.5982 85.5562
April 85.8312 84.0317 85.0264
May 85.0179 84.2400 84.7029
June 86.9576 72.9032 83.1101
July 86.4067 84.5275 85.5041
August 86.3861 71.8640 84.5015
September 84.6468 83.0395 83.9836
October 85.0476 83.3497 84.1734
November 85.0405 83.0994 83.9203
December 85.1935 83.4648 84.3179