2020 RON to NGN Historical Review

YEARLY HIGH

98.6455 NGN

YEARLY LOW

80.5615 NGN

YEARLY AVERAGE

89.7304 NGN

2020 RON to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 98.6455. Conversely, the yearly low was recorded on March 19, dropping to 80.5615.

This high-to-low spread represents a total annual volatility of 18.0840 NGN. From a start-to-finish perspective, comparing the January average rate of 84.1771 to the December average rate of 95.9372, the exchange rate registered a net change of 13.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 98.6455 was up 9.19% compared to the 2019 peak of 90.3454, 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 493,228 NGN

2019 Average 424,728 NGN

Yearly Trough Low 402,808 NGN

Transaction Impact: A difference of 90,419.87 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

97.2199

81.8282

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 86.0975, compared to 93.3633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2659 points.

H1 Avg (Jan–Jun) 86.0975

H2 Avg (Jul–Dec) 93.3633

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 8.7333 NGN (High: 89.2948 / Low: 80.5615). On the other end, October was the most stable month, with a tight range of 2.0535 NGN (High: 93.1999 / Low: 91.1465).

March Spread (Volatile) ±8.7333

October Spread (Stable) ±2.0535

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.1793 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.1793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 95.9372) against the same month in 2019 (average: 84.3179), the exchange rate shifted by +11.6194 (+13.78%).

2020 Avg (December) 95.9372

2019 Avg (December) 84.3179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	85.8463	83.5888	84.1771
February	84.2727	81.9807	83.1109
March	89.2948	80.5615	84.8835
April	88.2405	82.0240	86.4941
May	88.8008	86.4981	87.8082
June	91.1743	88.6826	90.1110
July	95.3062	90.1048	91.8155
August	95.3889	92.1934	94.2262
September	95.1696	90.6751	93.0469
October	93.1999	91.1465	92.2438
November	93.8603	91.0822	92.9104
December	98.6455	94.3930	95.9372