2022 RON to TOP Historical Review

YEARLY HIGH

0.5284 TOP

YEARLY LOW

0.4701 TOP

YEARLY AVERAGE

0.4978 TOP

2022 RON to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RON to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.5284. Conversely, the yearly low was recorded on September 26, dropping to 0.4701.

This high-to-low spread represents a total annual volatility of 0.0583 TOP. From a start-to-finish perspective, comparing the January average rate of 0.5210 to the December average rate of 0.5050, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5284 was down 8.02% compared to the 2021 peak of 0.5745, 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 2,642 TOP

2021 Average 2,724 TOP

Yearly Trough Low 2,351 TOP

Transaction Impact: A difference of 291.39 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5250

0.4774

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 0.5058, compared to 0.4897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.5058

H2 Avg (Jul–Dec) 0.4897

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0252 TOP (High: 0.5059 / Low: 0.4807). On the other end, June was the most stable month, with a tight range of 0.0108 TOP (High: 0.5017 / Low: 0.4909).

November Spread (Volatile) ±0.0252

June Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 0.0164 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.5210) against the same month in 2021 (average: 0.5699), the exchange rate shifted by -0.0489 (-8.58%).

2022 Avg (January) 0.5210

2021 Avg (January) 0.5699

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5284	0.5123	0.5210
February	0.5257	0.5138	0.5201
March	0.5132	0.4976	0.5037
April	0.5026	0.4895	0.4965
May	0.5025	0.4900	0.4966
June	0.5017	0.4909	0.4972
July	0.4946	0.4781	0.4854
August	0.4911	0.4768	0.4841
September	0.4895	0.4701	0.4814
October	0.5026	0.4791	0.4861
November	0.5059	0.4807	0.4965
December	0.5110	0.4995	0.5050