YEARLY HIGH
23.2049 CVE
YEARLY LOW
22.0890 CVE
YEARLY AVERAGE
22.4938 CVE

2021 RON to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RON to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 23.2049. Conversely, the yearly low was recorded on November 11, dropping to 22.0890.

This high-to-low spread represents a total annual volatility of 1.1159 CVE. From a start-to-finish perspective, comparing the January average rate of 22.7280 to the December average rate of 22.3838, the exchange rate registered a net change of -1.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 23.2049 was down 59.85% compared to the 2020 peak of 57.7892, 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 116,024 CVE
2020 Average 114,910 CVE
Yearly Trough Low 110,445 CVE
Transaction Impact: A difference of 5,579.38 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

22.7675
22.2929
JanuMarcMayJulySeptNove

RON to CVE 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 22.5993, compared to 22.3883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2110 points.

H1 Avg (Jan–Jun) 22.5993
H2 Avg (Jul–Dec) 22.3883

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.1021 CVE (High: 23.2049 / Low: 22.1028). On the other end, December was the most stable month, with a tight range of 0.1374 CVE (High: 22.4565 / Low: 22.3191).

June Spread (Volatile) ±1.1021
December Spread (Stable) ±0.1374

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 March and April, when the average rate fell by 0.1505 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1505

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 22.4829) against the same month in 2020 (average: 22.8849), the exchange rate shifted by -0.4020 (-1.76%).

2021 Avg (June) 22.4829
2020 Avg (June) 22.8849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.8614 22.6391 22.7280
February 22.8039 22.6203 22.7158
March 22.8070 22.4770 22.6597
April 22.7273 22.3047 22.5092
May 22.7983 22.3047 22.5000
June 23.2049 22.1028 22.4829
July 22.6564 22.4004 22.4937
August 22.5144 22.2617 22.4218
September 22.3935 22.2433 22.3411
October 22.4987 22.1362 22.3571
November 22.4837 22.0890 22.3324
December 22.4565 22.3191 22.3838