YEARLY HIGH
1.5492 RON
YEARLY LOW
1.4712 RON
YEARLY AVERAGE
1.4979 RON

2021 TND to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 1.5492. Conversely, the yearly low was recorded on February 22, dropping to 1.4712.

This high-to-low spread represents a total annual volatility of 0.0780 RON. From a start-to-finish perspective, comparing the January average rate of 1.4836 to the December average rate of 1.5218, the exchange rate registered a net change of 2.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5492 was down 0.62% compared to the 2020 peak of 1.5589, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TND based on timing:

Yearly Peak High 7,746 RON
2020 Average 7,560 RON
Yearly Trough Low 7,356 RON
Transaction Impact: A difference of 389.92 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5256
1.4797
JanuMarcMayJulySeptNove

TND to RON 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 1.4873, compared to 1.5086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 1.4873
H2 Avg (Jul–Dec) 1.5086

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0457 RON (High: 1.5492 / Low: 1.5035). On the other end, July was the most stable month, with a tight range of 0.0194 RON (High: 1.5022 / Low: 1.4829).

November Spread (Volatile) ±0.0457
July Spread (Stable) ±0.0194

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0050 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.5198) against the same month in 2020 (average: 1.4967), the exchange rate shifted by +0.0231 (+1.55%).

2021 Avg (November) 1.5198
2020 Avg (November) 1.4967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4950 1.4721 1.4836
February 1.4963 1.4712 1.4858
March 1.5035 1.4770 1.4920
April 1.5052 1.4793 1.4896
May 1.4969 1.4750 1.4846
June 1.5012 1.4744 1.4883
July 1.5022 1.4829 1.4951
August 1.5168 1.4840 1.5003
September 1.5224 1.4946 1.5040
October 1.5211 1.5010 1.5103
November 1.5492 1.5035 1.5198
December 1.5388 1.5130 1.5218