YEARLY HIGH
2.4034 RON
YEARLY LOW
2.2231 RON
YEARLY AVERAGE
2.2995 RON

2024 BBD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.4034. Conversely, the yearly low was recorded on August 24, dropping to 2.2231.

This high-to-low spread represents a total annual volatility of 0.1803 RON. From a start-to-finish perspective, comparing the January average rate of 2.2801 to the December average rate of 2.3753, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4034 was up 1.14% compared to the 2023 peak of 2.3761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,017 RON
2023 Average 11,435 RON
Yearly Trough Low 11,115 RON
Transaction Impact: A difference of 901.51 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3889
2.2255
JanuMarcMayJulySeptNove

BBD 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 2.3008, compared to 2.2982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 2.3008
H2 Avg (Jul–Dec) 2.2982

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1147 RON (High: 2.3897 / Low: 2.2750). On the other end, September was the most stable month, with a tight range of 0.0356 RON (High: 2.2587 / Low: 2.2231).

November Spread (Volatile) ±0.1147
September Spread (Stable) ±0.0356

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 0.0333 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.3753) against the same month in 2023 (average: 2.2758), the exchange rate shifted by +0.0995 (+4.37%).

2024 Avg (December) 2.3753
2023 Avg (December) 2.2758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3026 2.2524 2.2801
February 2.3237 2.2860 2.3045
March 2.3036 2.2674 2.2870
April 2.3422 2.2868 2.3198
May 2.3216 2.2842 2.3010
June 2.3300 2.2809 2.3126
July 2.3176 2.2717 2.2912
August 2.3062 2.2231 2.2578
September 2.2587 2.2231 2.2391
October 2.3070 2.2485 2.2832
November 2.3897 2.2750 2.3426
December 2.4034 2.3510 2.3753