2019 RON to TOP Historical Review

YEARLY HIGH

0.5606 TOP

YEARLY LOW

0.5191 TOP

YEARLY AVERAGE

0.5404 TOP

2019 RON to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RON to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.5606. Conversely, the yearly low was recorded on April 1, dropping to 0.5191.

This high-to-low spread represents a total annual volatility of 0.0415 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5503 to the December average rate of 0.5348, the exchange rate registered a net change of -2.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5606 was down 6.17% compared to the 2018 peak of 0.5974, 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 2,803 TOP

2018 Average 2,883 TOP

Yearly Trough Low 2,596 TOP

Transaction Impact: A difference of 207.31 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5518

0.5332

JanuMarcMayJulySeptNove

RON to TOP 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 0.5414, compared to 0.5393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.5414

H2 Avg (Jul–Dec) 0.5393

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0239 TOP (High: 0.5430 / Low: 0.5191). On the other end, February was the most stable month, with a tight range of 0.0049 TOP (High: 0.5421 / Low: 0.5372).

April Spread (Volatile) ±0.0239

February Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.0108 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.5503) against the same month in 2018 (average: 0.5894), the exchange rate shifted by -0.0391 (-6.63%).

2019 Avg (January) 0.5503

2018 Avg (January) 0.5894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5606	0.5370	0.5503
February	0.5421	0.5372	0.5394
March	0.5430	0.5322	0.5375
April	0.5430	0.5191	0.5358
May	0.5413	0.5358	0.5387
June	0.5524	0.5397	0.5469
July	0.5462	0.5359	0.5405
August	0.5486	0.5376	0.5444
September	0.5428	0.5289	0.5385
October	0.5467	0.5367	0.5408
November	0.5442	0.5308	0.5368
December	0.5384	0.5319	0.5348