2021 RON to TOP Historical Review

YEARLY HIGH

0.5745 TOP

YEARLY LOW

0.5137 TOP

YEARLY AVERAGE

0.5449 TOP

2021 RON to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RON to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.5745. Conversely, the yearly low was recorded on November 22, dropping to 0.5137.

This high-to-low spread represents a total annual volatility of 0.0608 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5699 to the December average rate of 0.5219, the exchange rate registered a net change of -8.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5745 was down 0.19% compared to the 2020 peak of 0.5756, 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 2,872 TOP

2020 Average 2,715 TOP

Yearly Trough Low 2,569 TOP

Transaction Impact: A difference of 303.89 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5749

0.5154

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 0.5582, compared to 0.5316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 0.5582

H2 Avg (Jul–Dec) 0.5316

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0227 TOP (High: 0.5679 / Low: 0.5452). On the other end, December was the most stable month, with a tight range of 0.0048 TOP (High: 0.5250 / Low: 0.5202).

March Spread (Volatile) ±0.0227

December Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0144 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5699) against the same month in 2020 (average: 0.5337), the exchange rate shifted by +0.0362 (+6.79%).

2021 Avg (January) 0.5699

2020 Avg (January) 0.5337

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5745	0.5647	0.5699
February	0.5725	0.5626	0.5694
March	0.5679	0.5452	0.5551
April	0.5576	0.5479	0.5531
May	0.5594	0.5505	0.5554
June	0.5526	0.5389	0.5462
July	0.5467	0.5387	0.5422
August	0.5462	0.5369	0.5412
September	0.5411	0.5315	0.5359
October	0.5329	0.5221	0.5281
November	0.5268	0.5137	0.5204
December	0.5250	0.5202	0.5219