2022 TOP to RON Historical Review

YEARLY HIGH

2.1271 RON

YEARLY LOW

1.8925 RON

YEARLY AVERAGE

2.0103 RON

2022 TOP to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 2.1271. Conversely, the yearly low was recorded on January 13, dropping to 1.8925.

This high-to-low spread represents a total annual volatility of 0.2346 RON. From a start-to-finish perspective, comparing the January average rate of 1.9195 to the December average rate of 1.9802, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.1271 was up 9.27% compared to the 2021 peak of 1.9466, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,636 RON

2021 Average 9,186 RON

Yearly Trough Low 9,463 RON

Transaction Impact: A difference of 1,173.06 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.0935

1.9037

JanuMarcMayJulySeptNove

TOP 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 1.9779, compared to 2.0426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0648 points.

H1 Avg (Jan–Jun) 1.9779

H2 Avg (Jul–Dec) 2.0426

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1036 RON (High: 2.0802 / Low: 1.9766). On the other end, June was the most stable month, with a tight range of 0.0437 RON (High: 2.0369 / Low: 1.9932).

November Spread (Volatile) ±0.1036

June Spread (Stable) ±0.0437

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0431 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.0777) against the same month in 2021 (average: 1.8659), the exchange rate shifted by +0.2117 (+11.35%).

2022 Avg (September) 2.0777

2021 Avg (September) 1.8659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9520	1.8925	1.9195
February	1.9461	1.9022	1.9228
March	2.0097	1.9486	1.9854
April	2.0431	1.9895	2.0141
May	2.0406	1.9902	2.0137
June	2.0369	1.9932	2.0115
July	2.0916	2.0220	2.0605
August	2.0974	2.0364	2.0659
September	2.1271	2.0428	2.0777
October	2.0872	1.9895	2.0574
November	2.0802	1.9766	2.0143
December	2.0019	1.9569	1.9802