2024 AZN to RON Historical Review

YEARLY HIGH

2.8275 RON

YEARLY LOW

2.6154 RON

YEARLY AVERAGE

2.7052 RON

2024 AZN to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.8275. Conversely, the yearly low was recorded on August 24, dropping to 2.6154.

This high-to-low spread represents a total annual volatility of 0.2121 RON. From a start-to-finish perspective, comparing the January average rate of 2.6820 to the December average rate of 2.7945, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8275 was up 1.14% compared to the 2023 peak of 2.7955, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,137 RON

2023 Average 13,452 RON

Yearly Trough Low 13,077 RON

Transaction Impact: A difference of 1,060.61 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8105

2.6182

JanuMarcMayJulySeptNove

AZN 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 2.7065, compared to 2.7038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 2.7065

H2 Avg (Jul–Dec) 2.7038

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1349 RON (High: 2.8114 / Low: 2.6765). On the other end, September was the most stable month, with a tight range of 0.0418 RON (High: 2.6573 / Low: 2.6155).

November Spread (Volatile) ±0.1349

September Spread (Stable) ±0.0418

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 0.0392 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.7945) against the same month in 2023 (average: 2.6774), the exchange rate shifted by +0.1171 (+4.37%).

2024 Avg (December) 2.7945

2023 Avg (December) 2.6774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7090	2.6499	2.6820
February	2.7338	2.6894	2.7112
March	2.7100	2.6676	2.6897
April	2.7555	2.6904	2.7286
May	2.7314	2.6873	2.7070
June	2.7411	2.6835	2.7207
July	2.7266	2.6725	2.6955
August	2.7132	2.6154	2.6563
September	2.6573	2.6155	2.6343
October	2.7141	2.6454	2.6861
November	2.8114	2.6765	2.7560
December	2.8275	2.7659	2.7945