YEARLY HIGH
2.6704 RON
YEARLY LOW
2.4698 RON
YEARLY AVERAGE
2.5537 RON

2024 AWG to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.6704. Conversely, the yearly low was recorded on September 26, dropping to 2.4698.

This high-to-low spread represents a total annual volatility of 0.2006 RON. From a start-to-finish perspective, comparing the January average rate of 2.5316 to the December average rate of 2.6389, the exchange rate registered a net change of 4.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6704 was up 1.27% compared to the 2023 peak of 2.6369, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,352 RON
2023 Average 12,700 RON
Yearly Trough Low 12,349 RON
Transaction Impact: A difference of 1,003.00 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6542
2.4712
JanuMarcMayJulySeptNove

AWG 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 2.5548, compared to 2.5525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 2.5548
H2 Avg (Jul–Dec) 2.5525

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1131 RON (High: 2.6515 / Low: 2.5384). On the other end, September was the most stable month, with a tight range of 0.0377 RON (High: 2.5074 / Low: 2.4698).

November Spread (Volatile) ±0.1131
September Spread (Stable) ±0.0377

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 July and August, when the average rate fell by 0.0367 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.6389) against the same month in 2023 (average: 2.5271), the exchange rate shifted by +0.1119 (+4.43%).

2024 Avg (December) 2.6389
2023 Avg (December) 2.5271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5567 2.5027 2.5316
February 2.5783 2.5399 2.5591
March 2.5596 2.5159 2.5390
April 2.6024 2.5374 2.5764
May 2.5765 2.5362 2.5548
June 2.5888 2.5309 2.5678
July 2.5716 2.5206 2.5444
August 2.5607 2.4701 2.5077
September 2.5074 2.4698 2.4864
October 2.5598 2.4984 2.5357
November 2.6515 2.5384 2.6020
December 2.6704 2.6086 2.6389