2024 AFN to RON Historical Review

YEARLY HIGH

0.0708 RON

YEARLY LOW

0.0612 RON

YEARLY AVERAGE

0.0653 RON

2024 AFN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0708. Conversely, the yearly low was recorded on February 3, dropping to 0.0612.

This high-to-low spread represents a total annual volatility of 0.0095 RON. From a start-to-finish perspective, comparing the January average rate of 0.0638 to the December average rate of 0.0684, the exchange rate registered a net change of 7.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0708 was up 6.16% compared to the 2023 peak of 0.0667, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 354 RON

2023 Average 279 RON

Yearly Trough Low 306 RON

Transaction Impact: A difference of 47.72 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0698

0.0624

JanuMarcMayJulySeptNove

AFN 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 0.0641, compared to 0.0665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0641

H2 Avg (Jul–Dec) 0.0665

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0050 RON (High: 0.0706 / Low: 0.0656). On the other end, July was the most stable month, with a tight range of 0.0012 RON (High: 0.0655 / Low: 0.0643).

October Spread (Volatile) ±0.0050

July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0692) against the same month in 2023 (average: 0.0643), the exchange rate shifted by +0.0049 (+7.62%).

2024 Avg (November) 0.0692

2023 Avg (November) 0.0643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0650	0.0620	0.0638
February	0.0640	0.0612	0.0630
March	0.0648	0.0625	0.0634
April	0.0657	0.0636	0.0646
May	0.0651	0.0634	0.0642
June	0.0665	0.0640	0.0656
July	0.0655	0.0643	0.0648
August	0.0650	0.0626	0.0638
September	0.0656	0.0631	0.0644
October	0.0706	0.0656	0.0681
November	0.0708	0.0677	0.0692
December	0.0700	0.0675	0.0684